EXCLUSIVE: Faith Evans Loses As Judge Awards Biggie’s Mother’s Trust $12.5M

Faith Evans lost a $12.5 million court fight over money owed to Biggie’s late mother’s trust, with a Delaware judge ruling that the trust was entitled to the payouts plus interest.

The October 27 decision set the amount at $12,518,336. The money came from distributions tied to Voletta Wallace’s interest in Notorious B.I.G., LLC, the company Evans manages that holds rights to the late rapper’s intellectual property.

Judge Kathaleen St. J. McCormick of the Delaware Court of Chancery rejected an effort to limit the trust’s payout to $48,612 while a separate family dispute plays out in Pennsylvania.

The key issue was when the trust gained the right to receive money. It was formally admitted as an LLC member months after Wallace’s death, but that delay did not erase its claim to earlier payouts. Judge McCormick wrote:

“The short answers to the remaining questions are that the Trust did not become a member until December 12, 2025, when it executed the instrument required under the LLC Agreement, but the Trust is entitled to distributions made prior to that time in the amount of $12,518,336.”

Wallace died on February 21, 2025. Her will left her estate to the Voletta Wallace Revocable Trust. Wayne Barrow sued Evans on the trust’s behalf after she refused to recognize it as a member of the company.

Evans and Wallace formed the LLC in 2007. Under their later agreement, each assigned half of her distribution rights to Biggie’s children, leaving Wallace, Evans, T’yanna Wallace and Christopher Jordan Wallace each entitled to 25% of the company’s payouts.

The dispute followed Primary Wave’s 2025 deal for a stake in Biggie’s music and related rights. AllHipHop previously covered Barrow’s lawsuit over the withheld proceeds and the trust’s August court victory.

This time, Evans and the company argued that the larger sum should not be paid out while her son, Christopher Jordan Wallace (CJ), challenged Barrow’s authority as sole executor and trustee. They offered to place the disputed funds with the Delaware court instead.

Judge McCormick rejected that proposal and explained why the Pennsylvania challenge did not justify withholding the money:

“The economic rights associated with Ms. Wallace’s units now belong to the Trust. Plaintiff Wayne Barrow, who appears in this action on behalf of the Trust, also holds Letters Testamentary issued on April 21, 2025, making him the sole executor of the Estate. Pennsylvania law provides that ‘[n]o act of administration performed by a personal representative in good faith shall be impeached by the subsequent revocation of his letters or by the subsequent probate of a will, of a later will or of a codicil.’ The outcome of the Pennsylvania action, therefore, will not affect the actions taken by Mr. Barrow related to the Trust, Ms. Wallace’s estate, and the Trust’s entitlement to distributions as of Ms. Wallace’s date of death. I therefore find no need for the accrued distributions to be deposited with the Register in Chancery. They are due to the Trust.”

The decision also added interest to the unpaid distributions, running from the date each payout was made rather than the date of this ruling.

“In sum, the Trust became a member as of December 12, 2025, the date of the Written Consent. The Trust is entitled to distributions made as of the date of Ms. Wallace’s death. The Trust is entitled to prejudgment interest on those distributions, accruing as of the date on which the distribution was made. Prejudgment interest will be at the statutory rate, compounded quarterly.”

Judge McCormick gave Barrow 20 days to submit a final form of order reflecting this decision and the court’s earlier rulings.