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Do Panama Papers Give Opportunity to Collect Judgment From Daddy Yankee?
Puerto Rican reggaeton megastar Daddy Yankee, whose hits include “Gasolina” and “Limbo,” owes a $2.2 million judgment to a concert promoter who sued him and his booking agent in 2011 for hurting the Argentinian's business by canceling concerts and calling him a swindler. And with pending motions for attorneys fees and interest, the figure could climb above $3 million. Attorneys for promoter Diego Hernan de Iraola have been trying to enforce the federal district court judgment against Daddy Yankee, by garnishing the singer's accounts in Miami, FL, and Puerto Rico.
In March 2016, the U.S. Court of Appeals for the Eleventh Circuit affirmed the judgment. Five for Entertainment S.A. v. El Cartel Records Inc., 14-14133. But the prevailing promoter still hasn't netted much, says Daniel Vielleville, a partner at Assouline & Berlowe in Miami, which represents Hernan de Iraola and his Argentina-based Five for Entertainment S.A.
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