Chris Brown Could Have Assets Seized Over Unpaid $2 Million Bank Loan Used To Buy Popeyes Franchises

The R&B star and his fellow Popeyes investors have been ordered by the courts to honor promised payments to City National Bank for a loan acquired in 2018.

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Matt Baron/EIB/Shutterstock

Chris Brown in Las Vegas in May 2023

Chris Brown is personally obligated to pay more than $1 million after failing to make payments on a loan used to open two Popeyes Chicken franchises.

The R&B musician and his fellow investors (including producer The dream) were sued by City National Bank (CNB) in September 2023 after defaulting on a 2018 loan provided by the institution to finance two Popeyes locations.

The CNB attempted to recover the loan, claiming in documents obtained by The Blast at the time, “as of February 17, 2023, the borrower and guarantors owed $2,140,901.74 in unpaid principal and interest”, and that Brown was “a personal guarantor” of the loan, leaving him liable. The Georgia courts where the lawsuit was originally filed ruled in favor of the bank in August 2023, and CNB subsequently filed suit in California to recover its funds.

On Feb. 27, the Los Angeles court affirmed a sister state judgment filed by City National Bank and ordered Brown to personally pay $1,314,367.40, according to documents obtained by PEOPLE.

Now Brown, 34, must respond to the new ruling within 30 days of filing it — or City National Bank can work with California to collect the debt and potentially seize assets, including property and cash, of the singer.

Representatives for Brown did not immediately respond to PEOPLE's request for comment.

Related: Chris Brown prosecuted for allegedly beating man at London nightclub

Robin Marchant/Getty Chris BrownRobin Marchant/Getty Chris Brown

Robin Marchant/Getty Chris Brown

The Popeyes ordeal isn't the only legal matter pending for Brown. In October 2023, Abe Diaw sued the “Forever” singer for hitting him in the face with a bottle of Don Julio 1942 tequila in February of that year at TAPE in London.

According to the lawsuit obtained by PEOPLE at the time, Brown “struck” Diaw in the head with “crushing blows” and knocked him unconscious. Then, Brown allegedly “continued to mercilessly stomp on him” for “30 seconds.”

Diaw, who was 43 at the time, “ended up in the hospital with lacerations to his head and torn ligaments in his leg,” the lawsuit says, adding that it left him with “permanent” damage. and “severe emotional distress.”

Tibrina Hobson/Getty Chris BrownTibrina Hobson/Getty Chris Brown

Tibrina Hobson/Getty Chris Brown

Diaw, who claims TAPE captured the altercation on surveillance footage, is suing Brown for damages and demanding a jury trial, according to the lawsuit.

Brown has a long history of legal problemsfrom 2009, when he physically assaulted his then-girlfriend Rihanna. Rihanna suffered visible injuries to her face and was hospitalized; Brown was subsequently charged with criminal assault and making criminal threats.

He pleaded guilty to a felony in June of that year and accepted a community service plea dealfive years of probation and domestic violence counseling.

Related: Chris Brown and Usher both take stage at Las Vegas music festival after alleged fight

Bertrand Rindoff Petroff/Getty Chris BrownBertrand Rindoff Petroff/Getty Chris Brown

Bertrand Rindoff Petroff/Getty Chris Brown

Most recently, in May 2023, several media outlets reported that Brown and Bailiff got into a fight a day before going on stage at Lovers and Friends Music Festival in Las Vegas.

This week, Brown announced dates for his upcoming 11:11 Tour, scheduled for 26 dates across North America with opening acts Ayra Starr and Muni Long.

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