Adidas Secures Court Order Freezing $75M from Yeezy Brand

1 min read
Source: Billboard
Adidas Secures Court Order Freezing $75M from Yeezy Brand
Photo: Billboard
TL;DR Summary

Adidas secretly filed a legal action last year in federal court that successfully froze $75 million in bank accounts held by Kanye West’s Yeezy brand after their high-profile split. Adidas filed the case to ensure such funds were not transferred out of Yeezy’s bank accounts while the two companies litigated their business divorce via private arbitration. The newly-revealed litigation with Yeezy is just one piece of a messy breakup for Adidas.

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