Madonna sued for non-payment of loan

August 28th, 2008 - 2:12 pm ICT by IANS  

New York, Aug 28 (IANS) Pop superstar Madonna was sued by financier Jay Dykes Jr. who alleges that she has failed to repay a loan of over $400,000 that she took to make a movie in 2006.According to the suit filed in Louisiana, Madonna, her manager Guy Oseary and their Maverick Motion Pictures company took a loan from Jay Dykes Jr., of Dykes and Dykes LLC, to make the movie “Material Girls”, starring pop stars Hilary and Haylie Duff.

Dykes also alleges he was never given the co-producer credit he claims to have purchased with the loan, contactmusic.com reports.

Meanwhile Madonna, who is on her Sticky and Sweet world tour, got an additional member on her entourage, medical doctor Steven Margolin.

An insider said: “It’s (tour) going to be very draining, and she needs him around to aid her in her recovery time after each show. She’ll have daily massages to relax her.”

Madonna’s touring entourage is now 250-strong.

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