Posted by , Nov 23, 2015 at 11:54am
Lil Wayne takes out a $1.5 million loan in order to repay the private jet company.

Although Lil Wayne's tour bus shooter was recently locked up, Weezy F still has plenty of lingering legal issues. After a judge determined that he owed a private jet company $2 million for neglecting to pay his tab with the company, a few pieces in Wayne's art collection (worth approximately $30 millionwere seized by police on behalf of the jet company.

Wayne is now taking matters into his own hands though, and rather than have his art repossessed, he has taken out a $1.5 million loan in order to pay back the jet company, and he's put up his private skatepark as collateral. This means the $2 million worth of artwork that was seized from his Miami home will be returned.

We'll keep you posted on new developments in the case.

[via]

Lil Wayne Puts Up Skatepark As Collateral For Private Jet Repayment

Lil Wayne takes out a $1.5 million loan in order to repay the private jet company.


Although Lil Wayne's tour bus shooter was recently locked up, Weezy F still has plenty of lingering legal issues. After a judge determined that he owed a private jet company $2 million for neglecting to pay his tab with the company, a few pieces in Wayne's art collection (worth approximately $30 millionwere seized by police on behalf of the jet company.

Wayne is now taking matters into his own hands though, and rather than have his art repossessed, he has taken out a $1.5 million loan in order to pay back the jet company, and he's put up his private skatepark as collateral. This means the $2 million worth of artwork that was seized from his Miami home will be returned.

We'll keep you posted on new developments in the case.

[via]

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