Chris Brown Faces $2 Million Lawsuit for Unsettled Popeyes Chicken Franchise Loan
Grammy Award-winning singer and songwriter The-Dream was also a part of the deal.
A bank is suing Chris Brown for a whopping $2 million, claiming it extended a loan to the Grammy Award-winning R&B crooner to acquire two Popeyes Chicken fast-food franchises.
According to legal documents from The Blast, City National Bank allegedly loaned the money to the “Run It” singer and others, including acclaimed singer and songwriter The-Dream, to purchase a pair of Popeyes locations.
LONDON, ENGLAND – FEBRUARY 14: Chris Brown performs at The O2 Arena on February 14, 2023 in London, England. (Photo by Samir Hussein/WireImage)
The bank has been attempting to settle the debt since 2018. “As of February 17, 2023, Borrower and Guarantors owe $2,140,901.74 in unpaid principal and interest,” the suit read. Additionally, it remains uncertain whether The Dream will be required to contribute any funds, given that Brown is identified as a “personal guarantor,” thus holding him responsible for any outstanding loan amounts.
This suit marks the most recent in a series of legal challenges for the 34-year-old, who is currently entangled in a $71 million lawsuit from a dog attack involving his former housekeepers. The court has recently rescheduled the trial to December 2023.
