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Do Panama Papers Give Opportunity to Collect Judgment From Daddy Yankee?

By Monika Gonzalez Mesa
May 01, 2016

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.

Now that Daddy Yankee, whose real name is Ramon Luis Ayala Rodriguez, has come up in news reports from the document leak at the Panamanian law firm Mossack Fonseca, Vielleville's legal team has new leads on accounts with companies linked to Ayala Rodriguez. In April 2016, the plaintiffs served Mossack Fonseca's Miami contact, Olga Santini Mas, with a subpoena for documents seeking “inside information that [Ayala Rodriguez] didn't want anybody to know about,” says Eric N. Assouline, Vielleville's Dania Beach, FL, partner at Assouline & Berlowe.

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