Mathew Knowles has been sued for his alleged mishandling of money generated by his supergroup Destiny’s Child.
Knowles hired Lang Ferrer Law in November 2016 to assist him as he auctioned off valuable Destiny’s Child memorabilia with hopes of using them (and the $49,120.35 they gave him) to do so successfully.
The company now claims that he has opted out of paying them the money he owes for their support and services.
Quite interestingly, they claimed to have discovered that the music manager arranged a top secret auction during Super Bowl weekend to sell more items tied to Michelle, Beyonce, Kelly, LaTavia and LeToya, and are enraged that he hasn’t used his earnings to cover his bill.
A letter penned and sent by Lang’s lawyers to Knowles on February 3rd read:
Presumably you are liquidating these items to pay debts, including the amounts due to our client. To the extent you may be disposing of these and other assets to avoid your debts and legal obligations, however, we will consider the sale of such items to be fraudulent transfers and will seek all available remedies for same in the event our client’s invoices are not paid as demanded.