Rapper Lil Durk has scored a major legal victory after a $12.5 million lawsuit against him was thrown out, even as he continues to face federal murder-for-hire charges.
Court documents obtained by DreamBiz Entertain show that the claims filed by Exceed Talent Capital against Durk, whose real name is Durk Derrick Banks, along with his label Only The Family and OTF Label, have been dismissed with prejudice.
This means the case is permanently closed and cannot be filed again.
The filings also state that both sides will cover their own legal costs and that Durk has given up the right to appeal the decision.
The lawsuit, originally filed in 2023, accused Durk and his former manager, Andrew Bonsu, of fraud over an investment deal involving the rights to Durk’s song Bedtime.
Exceed claimed it believed it had purchased perpetual rights to the track for $600,000, and had already paid $450,000, before learning that Durk was signed to an exclusive contract with Sony Music’s Alamo Records. Because of that contract, the company argued, the deal they entered was invalid from the start.
In 2023, Exceed said it received a formal notice from Alamo Records stating that Durk’s exclusive agreement meant neither he nor distributor Empire had the authority to transfer any ownership or revenue rights connected to the song.
While the dismissal marks a significant relief for the rapper on the business front, he still faces serious criminal charges. Durk is expected to stand trial next January in a federal murder-for-hire case. Prosecutors have charged him with conspiracy and intent to commit murder-for-hire. In September, reports suggested the trial may be pushed into 2026 due to what officials described as the “unusual and complex” nature of the case.
Lil Durk has not publicly commented on either legal matter in recent weeks.
