Lil Wayne (real name Dwayne Michael Carter) took a major loss in the courtroom this week when a judge ordered him to pay $1.8 million to a company called Signature Group. Signature leases private jets to the rich and famous. According to the lawsuit, which was filed a year ago, Wayne failed to make payments during the first two years of a three year deal with the company. Signature Group stated in the lawsuit that they leased a G-1159B Gulfstream jet (example pictured below) to Wayne and Young Money Entertainment for $55,000 a month, plus maintenance and landing fees. They even customized the jet to accommodate what they referred to as Wayne’s “unique lifestyle preferences.” The plane included luxuries such as satellite phones, a custom bed, and medical equipment.
Wayne says he never signed a contract with the company. The judge disagreed. In addition to paying $1.8 million to Signature Group, Wayne must also fork over $200,000 to cover attorney fees. Ouch.
