Rae Sremmurd settle the score over their payments for the infamous Fyre Festival.
The Fyre Festivalover the failed luxury event at the hands of Billy McFarland. Though he’s behind bars, there’s still a lot of creditors that are owed money. The trustee looking over the Fyre Festival’s bankruptcy has been chasing down many artists and celebrities involved in the festival as a means to obtain the cash they were paid.
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According to The Blast, just settled the score with the Fyre Festival over an $18K advance for their performance. A lawsuit was filed against an array of artists and celebrities that were paid to promote the event as a means of getting money to return to the creditors. Swae Lee and Slim Jxmmi were sued for over $100K that they were actually paid for the performance with the group agreeing to cough up a fraction of that in the settlement.
“The Defendant shall pay the total sum of $18,000.00 (the “Settlement Payment”), as full and final settlement and complete satisfaction of all claims the Trustee has against the Defendant,” the documents read.
recently went through a similar situation recently The ATL trio were reportedly paid $100K to perform but later settled their case with the trustee for Fyre Festival for $30K.