According to court documents sourced by Billboard Dance, Assad filed Sept. 16 citing breach of partnership agreement, promissory fraud, failure to pay wages, and unfair business practices, among others, with a hearing set for Jan. 17, 2017. Sanchez filed for fraud, breach of oral contract, and other charges on Oct. 21. His hearing is set for Feb. 21, 2017.
Assad claims to have entered an equal business partnership with Angello in 2008, the first business of which was InterArtist Services Gmbh or IAS, a tax and financial services company for international performing production artists. Together, they also acquired Rebel Studios in early 2013. Assad became employed by Size Records at Angello's request in 2012 as a business developer. He was made executive vice president in March 2014 and promoted to managing partner. He made deals with the SLS Hotel chain and Kanon Organic Vodka. The partnership began to deteriorate in fall of 2014. Assad claims Angello wrongfully terminated his business with Assad in 2014.