82691v.2

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF CONNECTICUT

HARTFORD DIVISION

IN RE: CURTIS JAMES JACKSON, III, DEBTOR.

CHAPTER 11 CASE NO. 15-21233 (AMN)

DEBTORS MOTION FOR ORDER EXTENDING THE TIME TO FILE HIS SCHEDULES OF ASSETS AND LIABILITIES AND

STATEMENT OF FINANCIAL AFFAIRS

Curtis James Jackson, III (the Debtor), the debtor and debtor in possession in the

above-captioned bankruptcy case (the Bankruptcy Case) under chapter 11 of title 11 of the

United States Code, 11 U.S.C. 101-1532, as amended (the Bankruptcy Code),1 files this

motion (the Motion) for an order extending the time for him to file his Schedules of Assets and

Liabilities (the SOAL) and Statement of Financial Affairs (the SOFA) and, in support, states

as follows:

I. Jurisdiction and Venue

1. Petition Date and Creditors Meeting. The Debtor filed his voluntary petition for

relief under chapter 11 of the Bankruptcy Code on July 13, 2015 (the Petition Date), thereby

initiating this Bankruptcy Case. The creditors meeting under 341(a) is scheduled for August

7, 2015.

2. Continued Operations. Under 301, the filing of the petition constituted an order

for relief under chapter 11 and, since that filing, under 1107 and 1108, the Debtor has

continued in possession and control of his assets and property and has continued to operate his

business and manage his affairs.

1 All of the section references not otherwise defined herein will be to the Bankruptcy Code.

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3. Jurisdiction. This Court has jurisdiction to hear this matter under 28 U.S.C.

157 and 1334(b). This is a core proceeding under 28 U.S.C. 157(b)(2).

4. Venue. Venue is proper before this Court in this district under 28 U.S.C. 1408

and 1409.

II. Factual Background

5. The Debtor, Curtis James 50 Cent Jackson, III, is an internationally recognized

recording artist, an actor, an entrepreneur and a philanthropist. Since his entrance onto the music

scene in 2003 with his multi-platinum debut album, the Debtor has sold more than 22 million

albums worldwide, and has received numerous awards and Grammy nominations throughout his

career.

6. As a result of the Debtors success, he has been fortunate to acquire a significant

amount of assets. Like many other celebrity entertainers that make their living in full view of the

public eye, however, the Debtor has accumulated a substantial amount of liabilities as well.

Notwithstanding this fact, the Debtors bankruptcy filing is not primarily a result of excessive

current expenses exceeding his current revenues, but rather the substantial costs of litigation and

resulting awards against him in the past year which total in excess of $20 million. While the

Debtor has substantial assets, he does not have the ability to pay the full amount of these

litigation claims and all other asserted claims at the present time, thereby necessitating this

chapter 11 filing.

7. The Debtor filed his chapter 11 petition to obtain the full protections of the

bankruptcy laws in order to reorganize his financial affairs in a reasonable and timely manner

and in accordance with an approved plan for the benefit of his estate and all of his creditors. In

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DEBTORS MOTION FOR ORDER EXTENDING THE TIME TO FILE HIS SCHEDULES OF ASSETS AND LIABILITIES AND STATEMENT OF FINANCIAL AFFAIRS -- PAGE 3 82691V.2

connection with this bankruptcy proceeding, the Court will determine the extent and value of the

Debtors assets and liabilities and, thus, Debtors net worth.

III. Relief Requested

8. Under 521 and Rule 1007(c) of the Federal Rules of Bankruptcy Procedure (the

Bankruptcy Rules), the Debtor is required to file his SOAL and SOFA within 14 days of the

Petition Date. Because the Petition Date was July 13, 2015, the current deadline for the Debtor

to file his SOAL and SOFA is July 27, 2015.

9. By this Motion, the Debtor requests that this Court, for the reasons set forth

below, extend the 14-period to file his SOAL and SOFA for an additional 7 days until August 3,

2015, without prejudice to the Debtors ability to request additional time should it become

necessary.

IV. Cause Exists For an Extension of Time to File the SOAL and SOFA

10. The Debtors business operations are run through numerous corporate entities that

he has an interest in (collectively, the Related Entities), and that include the following:

ENTITY OPERATIONS OF THE RELATED ENTITY Curtis James Jackson, III Financial advisory and accounting services

Cheetah Vision Inc. Television shows and movies

Tomorrow, Today Entertainment Inc. Website (thisis50.com)

G-Unit Film and Television Inc. Film company

G-Unit Touring Inc. Touring company

G-Unit Brands Inc. Endorsement deals

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ENTITY OPERATIONS OF THE RELATED ENTITY Rotten Apple Records Inc. Royalties, side artists, publishing

50s Liquid Assets Inc. Royalties

G-Unit Merchandising Inc. FEA deal tour only

G-Unit Books Inc. Book deals, royalties

G-Unit Adult Films Inc. Production of adult films, royalties

G-Unit Records Inc. Label, office, salaries

G-Unity Foundation Inc. Charity

Hollow Point Inc. Corporate entity not presently used

Love Me Love Me Not Short Film LLC Short film, royalties

Things Fall Apart LLC Short film, royalties

In the Passing Lane LLC Ownership of automobiles, payment of drivers, all car-related expenses

Before I Self Destruct Short Film LLC Short film, royalties

G-Unit Clothing LLC Inactive corporate entity, but possible new clothing deal in the works

50 Cent Music LLC Inactive corporate entity

CT Lights LLC Connecticut home expenses and mortgage, Los Angeles rental property

SMS Promotions, LLC Promotion of boxers, and the operations of a Las Vegas, Nevada gym

Animal Ambition Short Film LLC Inactive corporate entity

Street King LLC The Debtor made an investment in this entity through 50s Liquid Assets Inc.

TMT Promotion LLC Inactive corporate entity that previously handled boxing promotion for Floyd Mayweather

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ENTITY OPERATIONS OF THE RELATED ENTITY Tomorrow, Today Short Film LLC Inactive corporate entity

Sire Spirits LLC Effen Vodka / Beam deal

Broadway Boxing LLC Inactive corporate entity that is slated to be involved with boxing promotions in the future

CJJ Enterprises LLC Inactive corporate entity

SMS Audio LLC Headphones

SMS Kono Audio LLC Headphones

G Note Records, Inc. Recording deals

11. Due to the number of the Related Entities, the complexity of the Debtors books

and records, and the potential volume of materials to be included in his SOAL and SOFA, the

Debtor will be unable to complete his SOAL and SOFA within the 14 days mandated under

Bankruptcy Rule 1007(c), and he requires an additional seven (7) days, or until August 3, 2015.

12. The Debtor submits that this Motion is being filed in good faith and will not

prejudice the rights of any creditors or parties in interest.

13. No previous request for the relief sought herein has been made to this or any other

court.

V. Prayer

The Debtor prays that this Court grant this Motion by issuing an order that extends the

deadline for the Debtor to file his SOAL and SOFA an additional 7 days, until August 3, 2015,

and awards the Debtor such other and further relief, special or general, at law or in equity, as this

Court may deem just and proper.

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Dated: July 21, 2015 Respectfully submitted,

NELIGAN FOLEY LLP /s/ Patrick J. Neligan, Jr. Patrick J. Neligan, Jr. Texas State Bar No. 14866000 pneligan@neliganlaw.com James P. Muenker Texas State Bar No. 24002659 jmuenker@neliganlaw.com 325 N. St. Paul, Suite 3600 Dallas, Texas 75201 Telephone: (214) 840-5300 Facsimile: (214) 840-5301 ZEISLER & ZEISLER P.C. /s/ James Berman James Berman CT Bar No. 06027 jberman@zeislerlaw.com 10 Middle Street, 15th Floor Bridgeport, Connecticut 06604 Telephone: (203) 368-4234 Facsimile: (203) 367-9678 PROPOSED COUNSEL TO THE DEBTOR

Certificate of Service

The undersigned counsel hereby certifies that the 21th day of July, 2015, a true and correct copy of the foregoing was via first class mail upon the persons named on the attached Service List and electronically via this Courts ECF notification system.

/s/ Patrick J. Neligan, Jr. Patrick J. Neligan, Jr.

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MASTER SERVICE LIST Curtis James Jackson, III

PROPOSED DEBTORS COUNSEL

Patrick J. Neligan, Jr. James P. Muenker Neligan Foley LLP 325 N. St. Paul, Suite 3600 Dallas, TX 75201

James Berman Zeisler & Zeisler P.C. 10 Middle Street, 15th Floor Bidgeport, CT 06604

DEBTOR

Curtis James Jackson, III c/o Nikki Martin G-Unit Records, Inc. 264 West 40th Street, 15th Floor New York, NY 10018

U.S. TRUSTEE

Office of the United States Trustee Attn: Kim McCabe Giaimo Federal Building 150 Court Street, Room 302 New Haven, CT 06510

GOVERNMENT AGENCIES

Internal Revenue Service P.O. Box 7346 Philadelphia, PA 19101-7346

Securities and Exchange Commission 100 F Street, NE Washington, DC 20549

Internal Revenue Service Centralized Insolvency Operation P.O. Box 21126 Philadelphia, PA 19114-0326

SECURED CREDITOR

Suntrust Mortgage P.O. Box 79041 Baltimore, MD 21279

20 LARGEST UNSECURED CREDITORS

Sleek Audio, LLC, Mark Krywko, Michael Krywko, Jason Krywko and Gregory WSysocki 3904 9th Avenue West Bradenton, FL 34205

Lastonia Leviston c/o Darren M. Gelber Wilentz, Goldman & Spitzer 110 William Street, 26th Floor New York, NY 10038

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Suntrust Bank P.O. Box 79079 Baltimore, MD 21279

Reed Smith 1901 Avenue of the Stars, Suite 700 Los Angeles, CA 90067

Robins Kaplan LLP 800 LaSalle Avenue Minneapolis, MN 55402

Garvey Schubert Barer 100 Wall Street, 20th Floor New York, NY 10005

Bentley Financial Services 75 Remittance Drive, Suite 738 Chicago, IL 60675

American Express P.O. Box 1270 Newark, NJ 07101-1270

G. Collins & Company LLC 1410 Broadway, Suite 1905 New York, NY 10018

Premium Assignment Corp. P.O. Box 800 Tallahassee, FL 32314

Dorothy McJesus c/o Michael Malkovich Xanthakos & Malkovich 43 Center Street, Suite 101 Northampton, MA 01060

Candance Scott c/o Michael Malkovich Xanthakos & Malkovich 43 Center Street, Suite 101 Northampton, MA 01060

539 38th Street, LLC P.O. Box 685 Hackensack, NJ 07602

Stephen J. Savva P.C. 546 Fifth Avenue, 6th Floor New York, NY 10036

Eversource P.O. Box 650032 Dallas, TX 75265-0032

Erin McSherry 295 Park Avenue S #2G New York, NY 10010

Moritt Hock & Hamroff 400 Garden City Plaza Garden City, NY 11530

Feldman and Hickey LLC Waterside Office Park 10 Waterside Drive, Suite 303 Farmington, CT 06032

Curtis J. Jackson, Sr. 6 West Circle Drive Valley Stream, NY 11581-1517

8X10 Boutique LLC 2700 N. Miami Avenue, #1001 Miami, FL 33127

PARTIES REQUESTING NOTICE

Elizabeth J. Austin Pullman & Comley, LLC 850 Main Street Bridgeport, CT 06604

Jessica Grossarth Pullman & Comley, LLC 850 Main Street Bridgeport, CT 06604

Michael R. Enright Robinson & Cole 280 Trumbull Street Hartford, CT 06103

Patrick M. Birney Robinson & Cole 280 Trumbull Street Hartford, CT 06103

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