Settlement Reached For Master P Studio

A lawyer for Master P (real name: Percy Miller) has reached a settlement that will allow the rap mogul to avoid selling his unfinished Baton Rouge, La., recording studio at a sheriff's auction. The ra

A lawyer for Master P (real name: Percy Miller) has reached a settlement that will allow the rap mogul to avoid selling his unfinished Baton Rouge, La., recording studio at a sheriff's auction. The rapper's lawyer, James Holliday, said he reached an agreement on Tuesday to pay $137,000 for unpaid bills and other costs.

"It's a done deal," Holliday said. "The property has several million dollars in it, and that's why it would have been unfortunate if it had been lost for such a paltry sum."

As previously reported, Master P lost an attempt last week to stop the auction of the studio, originally planned as a $10 million complex. The East Baton Rouge Parish Sheriff's Office had scheduled an auction of the property yesterday (Feb. 20) after a judge refused to annul a $190,165 default judgment granted to Charles Carter Construction, the project's general contractor.

With the matter settled, Holliday said he didn't know Master P's plans for the property. The rapper and founder of the No Limit record label announced plans for the studio in 1997. Contracting disputes slowed construction and the studio is now a shell, with unfinished walls and a chain-link fence warning of guard dogs.


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