Scott Storch Settles $4 Mill Suit With Biz Partners Accusing Him Of Drug Relapse
BOSSIP Exclusive: Scott Storch Settles $4 Mill Suit With Biz Partners Accusing Him Of Drug Relapse - Page 2
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Producer Settles Breach Of Contract Suit With Old Business Partners
Scott Storch will keep his music publishing rights as part of a settlement with his former business partners who accused him of relapsing on cocaine and backing out of their music deal.
Seth and Brad Cohen, the founders of the CCS Music Group, asked a judge to toss their $4 million lawsuit against Storch for fraud and breach of contract in favor of a settlement, court papers obtained by BOSSIP show. A judge dismissed the case May 3, and the Cohen brothers can’t appeal the decision.
The suit was ugly right from the beginning: the Cohen Brothers accused Storch of going back on drugs even though they’d agreed he’d stay clean in exchange for the Cohens’ leasing a Rolls Royce Ghost for him.
In response, Storch’s girlfriend, Florence Mirsky claimed in court papers that the Cohen Brothers threatened to hire a “mafia hit man” to kill them when Storch balked at signing a deal with the men that he believed was a bad one.
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But they’ve worked out their differences, Storch’s lawyer Richard Wolfe told BOSSIP.
“They dismissed the case with prejudice, and assigned Scott all of his assets,” Wolfe told us. “It’s what you’d call compete victory. We wish the Cohens’ well.”
According to the now tossed lawsuit, the Cohens’ said they agreed to help Storch make a comeback by forming a company, CCS Music Group, where Storch would produce music and the Cohens’ would own and sell it. As part of the deal, Storch agreed to transfer his music publishing rights and let the company use his name and likeness to promote the music, according to court docs.
But the brothers claimed although they’d spent $1 million on building up the company and paid Storch’s rent and a salary, he backed out of their deal. They wanted Storch back producing for them full time, more than $4 million in damages and an injunction barring Storch from working with his gal pal Mirsky.
The Cohens’ lawyer, Darren Heitner, wouldn’t comment on specifics of the settlement, but confirmed the case was dismissed.
“No comment, other than that the parties have peacefully resolved all prior disputes,” he told BOSSIP via email.
Storch filed for bankruptcy last year, listing assets of $3,600 and debts of $4.4 million.
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