Karma is interesting, isn't it? After threatening to take legal action against Lil' Wayne for wanting to break his contract with Cash Money Records, Baby has to face new legal woes of his own. According to TMZ, the rap mogul is being sued by Miami's Ivy Condo Association for unpaid funds of up to $12,500.

Lil' Wayne is Focused on His Music Despite Cash Money Records Drama, "When It's My Turn... I'll Be Ready"

Reportedly, Birdman owes this amount because of bounced checks and the group filed a tax lien in November. They also requested that the court foreclose on him days before Christmas and the holiday season. Plus, TMZ reports that this isn't the only financial problem in his life right now.

"Financial woes are stacking up for the Cash Money honcho -- a reported $1.9 million federal tax lien, a $1 mil lien from a construction company ... plus, he took out a $5M loan against his mega-mansion in April, just to pimp it out."

These new reports make his feud with Lil' Wayne a bit more interesting. According to sources close to Baby, he allegedly said there were a lot of "administrative work" that was holding back the release of "Tha Carter V." Could his financial problems have spilled over into his record label, as well? Is Cash Money Records suffering because of financial problems, too?

Nicki Minaj Comments on Lil' Wayne, Baby Feud: "I Didn't Know He Was That Mad Until The Tweets!"

Hmmmm....

Hopefully his New Years' resolution is to get his finances in order because this is a bit out of hand.

What do you think of Baby's messy business dealings? Let us know in the comments, below.

Tags
Birdman, Lil wayne baby beef