Daddy Yankee and his estranged wife Mireddys González held their first court hearing on Friday (December 20) regarding Daddy Yankee’s accusation that she took unauthorized photos from both of his A partial settlement was reached over allegations that the company withdrew $100 million in funds.
It was announced during the hearing that after private negotiations, it was agreed that Ramon Luis Ayala Rodriguez, born as an artist, would resume his position as president of his companies El Cartel Records and Los Cangris. It was also determined that for 30 days (while the company’s management plan was being developed), the company’s $75 million account would remain untouchable. Remaining funds are available subject to mutual approval of transactions in excess of $100,000.
The hearing took place in San Juan, Puerto Rico and was first reported MRT.
The handover will be completed on December 26 and will include delivery documents and other relevant information. The Yankees also agreed to submit monthly reports on all company financial and administrative matters.
“I have always respected Mrs. Gonzalez, and I ask that you respect her too,” the artist told the media briefly after the hearing. “It’s a very harmonious process. You know the faith process I’m in. All of this is happening for a greater purpose. I’m sure of who I’m serving and I’m sure everything will work out.
The agreement comes a week after Ayala filed two legal motions seeking an injunction against his soon-to-be ex-wife, accusing her of “unauthorized” withdrawals of $80 million from his El Cartel Records bank account and from the The bank withdrew $20 million from the account of another of his music companies, Los Cangris, according to court documents obtained. advertising billboard.
The reggaeton producer filed the lawsuit in a San Juan court against González, her sister Ayeicha González Castellanos and El Cartel Records .
The lawsuit comes just weeks after Daddy Yankee and Gonzalez announced they were divorcing after nearly 30 years of marriage.