Bacardi Accuses Rapper Jay-Z of Reneging on Sale of 50 Percent Stake in D'Ussé Cognac Brand
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Spirits Brand Bacardi Accuses Rapper Jay-Z of Reneging on Sale of 50 Percent Stake in D’Ussé Cognac Brand

Jay Z
Jay-Z at Game 2 of the 2022 NBA Finals (Photo: Mercedes Oliver/NBAE via Getty Images)
Empire Investments revealed in court documents that Jay-Z was given more than 800 pages of financial records to review. Last month, it was reported that the J to the Izzo rapper, who has been 50/50 partners with Bacardi since 2011, requested that Bacardi hand over all financial books and records relating to D’Usse.SC Liquor also asked for the location of all associated warehouses keeping the brand’s barrels, bottles, and accessories in inventory. Within that demand, SC Liquors requested all information concerning Bacardi’s physical inventory and its inventory process. The lawsuit stated that SC Liquor needs to “monitor the conduct of [Bacardi’s] business to protect SC’s rights as” a partner in the company.


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