CAP was collecting the money for a lawsuit Prince, 54, previously lost over a music production contract, according to TMZ.
According to the suit, Capital Asset Protection made two withdrawals from Prince’s bank accounts in June, to the tune of $105,949.14 and $10,278.94.
In documents filed on Thursday in Los Angeles County Superior Court, lawyers for Prince say a judge vacated that original judgement in October, 2011, thereby erasing his debt to the production company.
Prince is suing to get back his $116,228.12 plus interest.
The singer had an estimated net worth of between $100 million and $250 million in 2011, according to USA Today.
He was listed in TIME Magazine’s 2010 annual ranking of the “100 Most Influential People in the World”.
Prince has been in a relationship with protégée Bria Valente since 2007.
Quincy Jones, the celebrated musician and producer who worked with Michael Jackson, Frank Sinatra, Ray…
Misleading allegations, rumours and outright lies about voting and fraud are flooding online spaces in…
At least 158 people have died in Spain's worst flooding disaster in generations. On October…
Google has been fined two undecillion (a two followed by 36 zeroes) roubles by a…
Embarking on a home remodel is an exciting journey, promising enhanced comfort, increased property value,…
The US presidential candidates continued to campaign across key swing states on October 20. Footage…