AEG Resumes Lawsuit Against Young Thug

Young Thug is facing a renewed lawsuit from AEG Presents, which claims he breached a 2017 touring agreement after receiving a $5.25 million advance. The lawsuit, originally filed in 2020, alleges that Thug performed concerts without AEG's involvement and failed to repay the advance, which AEG asserts is secured by his music copyrights. Additionally, AEG contends that Thug improperly sold his music catalog for $16 million to Kobalt Group in 2021, violating the terms that required the catalog to be used as collateral for the loan. AEG is now seeking over $5 million in damages and has moved to resume legal proceedings following Thug's recent release from jail. The lawsuit's progress had been stalled due to Young Thug's criminal trial, which has now concluded, allowing AEG to push for a trial. This situation complicates Thug's attempts to rebuild his career after incarceration.