Drake in legal battle over $3.7 million loan to his fashion brand OVO.
Jun 23, 2026
Drake's apparel company, October's Very Own (OVO), is locked in a legal feud. he battle is with an investor who recalled a $3.7 million (£2.8 million) loan, and now claims the rapper's business owes double that amount. OVO, the lifestyle brand founded by Drake, his manager Oliver El-Khatib and producer Noah '40' Shebib, made a deal last year with Florida-based lending company Applied Real Intelligence (ARI). Things went sour earlier this year when ARI claimed OVO had defaulted on the loan due to late interest payments and demanded reimbursement.
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