In Sept. 2002, West's company, Konman Entertainment, Inc., leased a Mercedes G500 for $1,295.00 a month. West personally guaranteed that the lease would be paid.
The lease expired in Jan. 2006. But according to the lawsuit, filed in Los Angeles Superior Court, the car was not returned and the defendants stopped paying.
In all, DCFS Trust, which holds the note on the car, is suing for $53,747.15, which represents the value of the car. In addition, DCFS is seeking back lease payments and late charges. Both West and Konman have been named as defendants.