Damon Dash says he still owns a share of Jay-Z's 'Reasonable Doubt' and is trying to sell it, but it's unclear if he has the right to do so.

The ongoing debate about whether or not Damon Dash will part ways with his one-third stake in Jay-Z's iconic debut album, Reasonable Doubt, continues to stir speculation. Despite his previous announcement that the album was up for sale, it is still unclear if Dash has the legal right to do so.

In a recent Instagram post, the former Roc-A-Fella executive once again advertised his willingness to sell his share of the classic hip-hop record, which was released nearly 30 years ago. However, he made it clear that he is only considering serious offers, saying, "This s**t is for sale 1/3...only real inquiries only."

But the question remains: can Dash actually sell his share without obtaining permission from his former partners, Jay-Z and Kareem "Biggs" Burke? This issue first arose over two years ago when Jay-Z and Biggs obtained a restraining order to prevent Dash from selling an NFT of the album. The record label requested a declaration stating that Dash had no rights to Jay-Z's first album and that any sale of the NFT would be a breach of his fiduciary duty as a co-owner.

In June 2022, lawyers for Roc-A-Fella and Dash informed a federal judge that they had come to an agreement. Dash admitted that he had no right to sell any portion of the album, whether as an NFT or otherwise. The agreement stated that "RAF, Inc. owns all rights to the album Reasonable Doubt, including its copyright" and that "no shareholder or member of RAF, Inc. holds a direct ownership interest in Reasonable Doubt."

Although Dash can still sell his one-third stake in Roc-A-Fella in the future, he is prohibited from disposing of any property interest in Reasonable Doubt. However, earlier this year, a New York judge ordered Dash to sell his shares to settle a $823,000 judgment against him in a defamation and copyright infringement lawsuit brought by movie producer Josh Weber. Dash's co-owners objected to this ruling, arguing that the board of directors must approve any sale of shares according to the company's bylaws. However, the judge ruled that Dash's one-third ownership of Roc-A-Fella is considered personal property and can be seized to satisfy his judgment.

It seems that the fate of Dash's share in Reasonable Doubt is still uncertain as legal battles and financial disputes continue to unfold. In the meantime, Dash's financial troubles seem to be mounting, as he recently requested a lower child support payment in court. The ongoing saga of the iconic album and its ownership remains unresolved, leaving fans and investors alike wondering who will ultimately claim ownership of this piece of hip-hop history.

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