Scooter Braun’s Co.
Suing Gaga’s Ex-Mgr for Unpaid $10 Mil Loan
9/12/2018 4:16 PM PDT
Ithaca Management Holdings, Scooter’s Co., is suing Troy Carter — in addition to managing Gaga, he used to be a muckety-muck at Spotify. In the docs, Ithaca Management says it loaned Carter in excess of $10 mil in June 2016.
IMH says the deal was if Carter’s company got paid from a case it was arbitrating, it would fork over the $10 mil-plus it was loaned. Sources connected to the case tell us Carter was arbitrating a dispute with his ex-client, Gaga.
According to the suit, obtained by TMZ, Carter’s firm did settle the case but tried to hide the money, instead of paying off the loan. IMH sent a letter to Carter in August demanding its funds … to no avail.
Now, Scooter’s lawyers want a judge to force Carter to fork over the dough — or start foreclosure on property and other assets he put up as collateral for the loan.
Source:: TMZ – Music News