Sean Carter, better known as Jay Z, is usually in the news when he releases a new album, goes out with Beyonce to the hottest new restaurant, or donates money to a charity.
This time, it’s for a completely different reason.
Jay Z is getting sued by SEB, the Swedish bank, over unpaid fees. SEB and the Roschier law firm are suing the rapper for 5 million SEK (about $565,000 USD) for lawyer fees and consultations he received when he purchased the musical streaming service Tidal from the Norwegian company Aspiro. 5 million SEK is a drop in the bucket when compared to the total price of the Tidal purchase, a whopping 464 million SEK ($56 million USD) – in 2015.
“It’s a late invoice from March 2015, that has only been partially paid,” says Frank Hojem, Press Officer of SEB.
SEB is Sweden’s second-largest bank, in regards to the number of employees working at the bank. With a revenue of about 45 billion SEK (= 5.2 billion USD) and a profit of about 16 billion SEK, there’s no wonder the bank wasn’t in a hurry to take the unpaid dues to court.
Jay Z has chosen not to comment on the matter.
Looking to bring some Scandinavian influences to your Easter this year? We've compiled a list…
Happy Easter everyone! Here is a classic Easter princess cake by Evalena Raymer, aka Eve's…
Vardagslyx! Ever heard of that word? It directly translates to "everyday luxury" in Swedish and…
In a twist of Nordic fate that could rival a plotline from a Scandinavian thriller,…
It's here! Swedes in the States annual guide to where you can get Sweden's most…
The semla is the most popular pastry in Sweden during January and February. As we…
This website uses cookies.