T.I. is back in court accusing the previous owners of his recently closed restaurant of bilking him out of a substantial amount of money.
According to theJasmineBRAND.com Scales 925 Atlanta LLC., the company backing T.I., filed suit against The Social Life Restaurant Group, The Venue Restaurant Corp. and Tyler Williams, the previous owners of the property. Scales 925 Atlanta is alleging that the prior owners poor property management cost them $1.7M dollars in repairs and remodeling.
The parties became involved in 2014 when the previous occupants approached Scales 925 seeking investors to pay off debt and in-turn profit share. Both parties agreed to significantly makeover the club, then known as a Vibe, at a cost of $1.6 million but ultimately paid well over that. Despite an agreement that would give Scales 925 a 75% interest in the net profits generated in the future from Vibe’s the parties could not reach a resolution.