Round Hill Music V Simmons

FILED: NEW YORK COUNTY CLERK 05/26/2022 11:54 AM INDEX NO.
656498/2022
NYSCEF DOC. NO. 1 RECEIVED NYSCEF: 05/26/2022
SUPREME COURT OF THE STATE OF NEW YORK

COUNTY OF NEW YORK
---------------------------------------------------------------x
:
ROUND HILL MUSIC, LP, :
ROUND HILL MUSIC ROYALTY FUND II LP, :
and ARTISTS RIGHTS MANAGEMENT LLC, : SUMMONS WITH NOTICE
:
Plaintiffs, : Index No.
:
-against- : Date of Filing:
:
BOBBY RAY SIMMONS, JR. p/k/a B.o.B., and :
BOBBY RAY TOURING INC. :
:
Defendants. :
:
---------------------------------------------------------------x
To the above-named Defendants:
YOU ARE HEREBY SUMMONED to serve a notice of appearance on Plaintiffs’
attorneys within twenty (20) days after the service of this summons, exclusive of the day of service
(or within thirty (30) days after the service is complete if this summons is not personally delivered
to you within the State of New York); and in case of your failure to appear, judgment will be taken
against you by default for the relief demanded in the notice set forth below.
Plaintiffs designate New York County as the venue and place of trial. The basis of the
venue is plaintiff’s place of business, the occurrence of events giving rise to this action in New
York County, and the agreement between the Parties that any adjudication of the terms or breach
of the contract at issue in this action shall be heard only by the state and federal courts located in
New York County.
Plaintiffs’ address is c/o Boies Schiller Flexner LLP, 55 Hudson Yards, 20th Floor, New
York, New York 10001.
Dated: May 26, 2022
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FILED: NEW YORK COUNTY CLERK 05/26/2022 11:54 AM INDEX NO. 656498/2022
NOTICE
Round Hill Music, LP, Round Hill Music Royalty Fund II LP, and Artists Rights
Management LLC (collectively “Plaintiffs”) bring this action against Bobby Ray Simmons, Jr.
p/k/a B.o.B. and Bobby Ray Touring Inc. (collectively “Defendants”) for breach of contract and
for foreclosure under the New York Uniform Commercial Code (“NY UCC”).
Defendants entered into an Assignment Agreement and Security Agreement with
RAZOR/TEI I LLC (“RAZOR/TEI”), both dated January 1, 2017. The Assignment Agreement
granted RAZOR/TEI all right, title and interest to collect certain royalties from the public
performance of all sound recordings featuring Bobby Ray Simmons, Jr. p/k/a B.o.B. The Security
Agreement granted RAZOR/TEI a first-priority security interest in certain rights associated with
the sound recording performance rights and revenues described in the Acquisition Agreement.
RAZOR/TEI filed a valid UCC Financing Statement on May 16, 2017 (attached hereto as
Exhibit A). Subsequently, RAZOR/TEI transferred its rights under the Acquisition Agreement
and Security Agreement to Artists Rights Management LLC, and Artists Rights Management LLC
was thereafter acquired by Round Hill Music Royalty Fund II LP.
In an intentional violation of the Assignment Agreement, Defendants have prevented
Plaintiffs from collecting the royalties that Plaintiffs are contractually entitled to collect.
Defendants’ breach of the Assignment Agreement also constitutes an Event of Default under the
terms of the Security Agreement, giving Plaintiffs the right to exercise all remedies provided for
in the Security Agreement and by Article 9 of the New York Uniform Commercial Code.
Plaintiffs now bring this action to reduce their security interest to judgment and to collect
damages they have suffered as a result of Defendants’ willful and intentional breach of the
Assignment Agreement of at least $3,000,000, together with attorneys’ fees, costs, and expenses.
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FILED: NEW YORK COUNTY CLERK 05/26/2022 11:54 AM INDEX NO. 656498/2022
Upon your failure to appear, judgment will be taken against you by default for the
judgment sought, and for money damages in a sum that is no less than $3,000,000, plus attorneys’
fees, costs and expenses, as well as interest (if any) as provided by statute.
Dated: May 26, 2022

New York, New York
/s/ Joshua I. Schiller

Joshua I. Schiller
Benjamin Margulis
BOIES SCHILLER FLEXNER LLP
55 Hudson Yards
New York, New York 10001
Tel. (212) 446-2300
Fax (212) 446-2350
[email protected]
[email protected]
Attorneys for Plaintiffs
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FILED: NEW YORK COUNTY CLERK 05/26/2022 11:54 AM INDEX NO.

SUPREME COURT OF THE STATE OF NEW YORK

To the above-named Defendants:

YOU ARE HEREBY SUMMONED to serve a notice of appearance on Plaintiffs’

New York County.

York, New York 10001.

Dated: May 26, 2022

Defendants entered into an Assignment Agreement and Security Agreement with

was thereafter acquired by Round Hill Music Royalty Fund II LP.

In an intentional violation of the Assignment Agreement, Defendants have prevented

Dated: May 26, 2022

/s/ Joshua I. Schiller

Attorneys for Plaintiffs

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