Usher is suing a bunch of traders and is trying to get well $700,000 of a $1.7 million mortgage. He gave the cash to buy a property for Homage ATL, a brand new restaurant and lounge in Atlanta. Bryan-Michael Cox says he’s a minority investor, however Usher is suing him, too.
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Why Is Usher Suing Over A Restaurant Mortgage?
In late 2024, three males approached Usher with their plan to open the restaurant and lounge. The plan concerned the acquisition of a business property within the metropolis’s Buckhead neighborhood, in accordance with the lawsuit. Usher declined to spend money on Homage ATL, however he agreed to mortgage the group $1.7 million towards buying the property. Usher despatched the cash to the belief account of Atlanta lawyer Alcide Honoré, who represented a number of the traders. Honoré is called as a defendant within the lawsuit.
After the deal by no means materialized, Usher requested that the group return his cash. He was repaid $1 million in August, however communication then broke down. He has been unable to gather the remaining $700,000, the lawsuit states.
Bryan-Michael Cox Affirms Friendship With Usher Amid Lawsuit
One of many defendants named within the lawsuit, Bryan-Michael Cox, stated on Instagram that he’s “a passive minority shareholder” in one of many firms concerned. Additionally, Bryan-Michael stated he’s discovered to be selective about enterprise companions, “Irrespective of how small the funding.”
“I’m at present in the course of a dailed deal that I didn’t orchestrate, and whereas the scenario has been disappointing, I do know my title might be cleared by each side. It’s simply unlucky that this readability didn’t come sooner.”
Whereas he didn’t specify whether or not that was shade at any specific associate, he did make clear he’s nonetheless cool with the ‘Confessions’ famous person. For many who don’t know, Bryan-Michael Cox and Usher have made magic collectively for many years within the songwriter-singer area.
“Whereas I’m unable to share extra particulars proper now, I wish to make one factor completely clear: my 27-year friendship with Usher stays absolutely intact.”
What About The Different Defendants?
In the meantime, Alcide Honoré on Wednesday referred inquiries to his legal professional, Clifford Hardwick IV. Honoré connection or historical past with Bryan-Michael Cox and Usher is unclear.
“I’ve no substantive remark relating to a matter that’s in litigation,” Hardwick stated in an e mail to The Related Press. “Nevertheless, I’m extraordinarily assured that Mr. Honoré might be vindicated as to any civil legal responsibility on this case.”
As for the 2 different defendants, courtroom data don’t listing legal professionals for the boys from metro Atlanta.
Related Press contributed to this report.
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