Dame Dash & Lee Daniels’ Settles Lawsuit; Agrees to Future Collaboration

Damon Dash doesn’t have to rant about Lee Daniels anytime soon, at least not for now. The two has reportedly reached an agreement regarding unpaid money and producer credits from Daniels movie projects, The Butler and Empire.

According to the Hollywood Reporter, the Roc-A-Fella Records co-founder claimed that Lee Daniels didn’t make good on his promise to repay him after financially backing the budding film director/producer.

Lee Daniels has resolved a sticky legal situation involving $2M lent by Damon Dash, which the Roc-A-Fella Records co-founder asserted was never fully repaid with debts rolled over, entitling Dash to participate in the success of such films as The Butler and Precious and the hit Fox television show, Empire.

On Tuesday, the parties filed papers dismissing the lawsuit. According to Dash’s attorney Natraj Bhushan, it was a “creative, fair” settlement that “calls for them to work together in the not-so-distant future.” Bhushan couldn’t offer any specific details given a confidentiality provision.

Dash filed his lawsuit in New York Supreme Court last year and claimed that he supported Daniels so that the filmmaker could produce The Woodsman. In return for the money, Dash says he got a written agreement that gave him executive producer credits, 50 percent of rights on the 2004 film and a guarantee that the investment would be repaid with interest from Daniels.

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In what capacity in the future Dame Dash and Lee Daniels will work together, is unknown. However, we do know that it has to be within the confines of film production. Whatever it is, Dash is glad the two could reach an amicable agreement. He took to his Instagram page to express his joys about the situation:

United we stand…divided is not an option…some times you have to bring the war to get to the peace…war is the last resort but sometime necessary but at the end of the day I’m not trying to fight unless I have to…as a culture we moving together it’s the only way…now let’s get to work makes no sense for us to fight over success it’s to be shared with the people that helped you get there…I walk that like I talk it….

A photo posted by @duskopoppington on Apr 9, 2015 at 7:54am PDT