Self proclaimed Cake-a-holic, Dame Dash is back in the news again. A bank wants his Tribeca condos, the city is seizing his SUV and his lawyer dropped him for not paying his legal bills. The co-founder of Roc-A-Fella Records and Rocawear – who in 2005 sold his share in the clothing empire to Jay-Z for $20 million – is under assault in Manhattan Supreme Court from lawyers, lenders and landlords fed up with not getting paid. The fall has been a dizzying one for Dash, who has gone from owning Keds, a vodka company and 1,300 pairs of shoes to dodging bills and accusing a former accountant of ripping him off for millions of dollars. “I’ve worked with musicians, artists and entertainers that in the eyes of the media are very wealthy,” said lawyer Jason Gabbard, who represented a fashion firm that settled a suit against Dash and his wife over $148,505 in unpaid fees. “But to borrow a phrase from my Kentucky homeland, they haven’t got a pot to p— in – they’re broke.” A Manhattan judge this week ordered the city to seize Dash’s Chevrolet Tahoe, since he wasn’t making the $714.99 monthly payment on the leased SUV.

A bank is suing Damon Dash for allegedly dashing away from his mortgage.
The hip-hop mogul failed to pay Eastern Savings Bank $78,504 in monthly payments for a pair of trendy Tribeca condos from January to August, the bank claims.
Now the bank is warning Dash that he’s in danger of losing his apartments in the Sugar Warehouse on Laight St. and in the Atalanta on North Moore St. unless he comes up with the cash in a hurry.
He’s also facing more than $10,000 in late fees on the $7.3 million cross-mortgage that covers both properties.
“Damon Dash and [model wife] Rachel Roy have failed to comply with the terms and provisions of the said mortgage,” the suit charges.
The lawsuit points out that Dash, who co-founded Roc-A-Fella Records with Jay-Z, has a long history of not paying his bills.
The suit, filed in Manhattan Supreme Court, cites numerous judgments against Dash in which he was ordered to pay more than $2 million in New York state taxes, more than $100,000 in federal taxes and $95,000 in unpaid rent to the landlord of the W.39th St. building that houses Damon Dash Enterprises.
New York Daily News