Damon Dash will auction off his film catalog in New York City on December 30, 2025, as two states race to raise millions from his $25 million bankruptcy case.
A federal judge authorized the U.S. Marshals Service to sell copyrights related to Dash’s media company, Popington LLC, including “Honor Up,” “Too Honorable” and “Welcome to Blackrock.”
The court-approved auction comes after years of litigation and mounting debts, including a $4 million defamation judgment against filmmaker Josh Weber and Muddy Waters Pictures.
The films, including “Honor Up,” which was executive produced by Kanye West and stars Dash, Cam’ron and Stacy Dash, are now part of a public auction ordered by Magistrate Judge Robert Lehrburger.
Minimum bid is $300,000, but final price may increase based on interest.
Damon Dash filed for Chapter 7 bankruptcy in September with liabilities of $25,073,520.58 and assets of just $4,350, according to court records reviewed by AllHipHop.
His debts include $19 million in unpaid taxes, nearly $400,000 in child support and spousal support, and multiple civil judgments from more than a decade ago.
The bankruptcy filing was intended to halt collection efforts, but the court ruled that assets already seized by bailiffs were not protected from sale, allowing the auction to proceed.
Now, New York and New Jersey have stepped in to do what they can. The New Jersey Department of Revenue filed a security claim in the amount of $3,996,830.62, secured by a statutory lien on all properties owned by Dash, and earned interest at 10.75%.
Meanwhile, the New York State Department of Taxation and Finance filed a competing claim seeking payment of $8,668,450.51 in unpaid income taxes. Both agencies submitted claims before the auction and were positioned to collect any proceeds first.
Creditors like Webb also have the option of “credit bidding” their judgment, meaning they can demand the film rights in exchange for the debt Damon Dash already owes, potentially leaving other creditors with little debt.
This is not the first time Dash has been ordered to liquidate by a court. In November 2024, he lost one-third of his stake in Roc-A-Fella Records after failing to pay an $823,000 civil judgment against Weber for the movie “Dear Frank.”
The auction, held in Manhattan, attracted a $1 million winning bid from an anonymous representative of New York State, which used the auction to help recover some of the $8.7 million in taxes owed on Dash.
