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Jay-Z, real estate developer Bruce Ratner, and Barclays bank, were just hit with a whopping $5 billion lawsuit.
According to the New York Observer, Brooklyn activist Clive Campbell has recently filed a "claim of lien" in property records asking that the money go toward slavery reparations. Reports that hip-hop founder Kool Herc, whose real name is also, Clive Campbell was responsible for the suit is in fact just a case of mistaken identity.
Jay-Z, Ratner, and Barclays are connected due to mutual interests in the development of a $4 billion Atlantic Yards project in Brooklyn. Ratner plans to build over 6,000 apartments and a new arena for his NBA franchise the New Jersey Nets at the site. As a partial owner of the Nets, Jay-Z has been a major advocate for Atlantic Yards and has made appearances at press conferences for the project, while Barclays owns naming rights to the arena.
Although Barclay's has denied previous accusations of their role in the African slave trade, in his claim Campbell states that Mr. Ratner and Jay-Z worked "in concert" with Barclays and "profited from the African Slave Trade and continue to profit from these gains, through a conspiracy dating back hundreds of years and continue to date to oppress black people, enslave them, [and] unlawfully deport them to all corners of the Earth."
Campbell initially filed his claim in October along with a community activist group known as DA Black Defense League. A representative for the group said they plan to file a lawsuit in court today for the action.
Earlier this month Bruce Ratner's development group, Forest City Ratner, dismissed Campbell's lawsuit as not having any legal merit.
Source: sohh.com
According to the New York Observer, Brooklyn activist Clive Campbell has recently filed a "claim of lien" in property records asking that the money go toward slavery reparations. Reports that hip-hop founder Kool Herc, whose real name is also, Clive Campbell was responsible for the suit is in fact just a case of mistaken identity.
Jay-Z, Ratner, and Barclays are connected due to mutual interests in the development of a $4 billion Atlantic Yards project in Brooklyn. Ratner plans to build over 6,000 apartments and a new arena for his NBA franchise the New Jersey Nets at the site. As a partial owner of the Nets, Jay-Z has been a major advocate for Atlantic Yards and has made appearances at press conferences for the project, while Barclays owns naming rights to the arena.
Although Barclay's has denied previous accusations of their role in the African slave trade, in his claim Campbell states that Mr. Ratner and Jay-Z worked "in concert" with Barclays and "profited from the African Slave Trade and continue to profit from these gains, through a conspiracy dating back hundreds of years and continue to date to oppress black people, enslave them, [and] unlawfully deport them to all corners of the Earth."
Campbell initially filed his claim in October along with a community activist group known as DA Black Defense League. A representative for the group said they plan to file a lawsuit in court today for the action.
Earlier this month Bruce Ratner's development group, Forest City Ratner, dismissed Campbell's lawsuit as not having any legal merit.
Source: sohh.com