Wayne own a record label name Young Money Record which was signed by the CEO Birdman, Under his label Cash Money Record.
According to TMZ the hip hop heavy weight is threatening to dissolve shut down young money record if its not handled properly, because of $51 Million the CEO of the company is owning him.
As report by the Blast Lil Wayne filed legal documents demanding that the operations of the joint ventures over Cash Money Record must be overseen by the advisor to supervise a liquidator upon termination.
Birdman who started the group Cash Money Record and allowed Wayne to own his label said. "he doesn't have a legal right to shut down the company considered he is still under his contract."
According to TMZ Birdman has been working on paying back his money, but Wayne is really pushing him to the extent of making a shoutout to ROCKNATION instead of CASHMONEY which he new he's not in a good time with J-Zay the CEO of rock nation.
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