Chance The Rapper has scored a major legal victory in his long-running dispute with former manager Patrick ‘Pat’ Corcoran.
A Cook County judge has ruled that Corcoran repeatedly breached his fiduciary duties to the Chicago-born rapper, ordering him to forfeit up to $1.5 million in management fees and merchandise-related compensation.
Full story below…
The decision follows nearly six years of legal wrangling between the pair, who worked together from 2012 to 2020. The court found that Corcoran improperly received commissions from merchandise vendors while being paid to manage Chance’s career.
In addition to the financial penalties, Corcoran and his company must transfer ownership of the ChanceRaps.com domain to the rapper within 14 days. Chance said:
“I’m grateful to finally close this chapter of my life.”
Expressing his gratitude to the court.
The ruling marks another significant development in the bitter fallout between the former business partners.
