Kanye West has been embroiled in legal problems after the production and design label launched a more than $7 million lawsuit against the rapper.
Phantom Labs worked on several of the artist's projects, including the Donda 2 live stream, West's free Larry Hoover concert with Drake, and his canceled 2022 Coachella performance.
According to US media outlets, legal documents claim that the 44-year-old hip-hop star promised to pay the fee after his title slot at the popular festival.
"We're incredibly proud of the work we've done with Ye and are disappointed that such a fruitful relationship has come to fruition," a Phantom Labs spokesperson said in a statement to Variety.
"A celebrity weaponizing fame and prestige to take advantage of eager allies is simply unacceptable."
According to the claims, West is liable to pay the company $7,154,177.67 accrued between June 2021 and March 2022.
Meanwhile, Pete Davidson, boyfriend of West's ex-partner Kim Kardashian, recently admitted that marriage is on his mind amid his romance with the founder of SKIMS.
Speaking on Heart to Heart, Davidson confirmed that he "100 percent" wants to get married in the future.
"That's how I hope it goes, you know?" Davidson told host Kevin Hart.