The hit R&B singer Mary J. Blige is being sued by the Signature Bank for defaulting a $2.2 million loan. The bank filed suit against the singer and her husband, Martin Isaacs on Wednesday in the New York Supreme Court in Manhattan.
According to the bank, the couple took out the loan in October 2011 and it defaulted in July 2012. Signature Bank claims that it reached out to pop-star and her company numerous times before resolving to legal methods. In addition to suing Blige and her husband, the bank is also suing her company- Mary Jane Inc. The bank seeks to recover the entire loan amount of $2.2 million as well as interest, which adds to $58,000.
Prior to this, Blige's charity foundation was also in some financial difficulties, when The Mary J. Blige and Steve Stoute Foundation for the Advancement of Women Now Inc, was accused of mishandling funds. Blige addressed the issue in an interview in June stating, "The lives of young women are at stake...I feel what they feel. I don't want them to suffer. I promised them something and I'm gonna deliver. Period," according to Reuters.
Blige or her representatives could not be reached for comment on the current case.
Blige is noted for her hit songs "Family Affairs," and "Be Without You," has sold over 50 million albums. The 41-year-old songwriter won nine Grammy Awards and four American Music Awards. Eight of her albums were platinum hits. She has also made various appearances on the hit-singing shows of American Idol and The Voice.
