The $24 million sale of the Death Row Records catalog to Global Music Group Inc. has reportedly been terminated. Trustees representing Death Row Records and its founder, Marion "Suge" Knight, voided the deal after Global Music, headed by Susan Berg, failed to come up with the money two months after winning a bid to buy the label, according to the New York Post.

Global Music's bankruptcy lawyer called Death Row's move a negotiating tactic, and said the company still plans to close the transaction within a few weeks. She said Global Music has lined up an as-yet-unnamed publicly traded company to fund the $22 million it still owes for Death Row. However, in a complaint for declaratory and injunctive release filed Friday, the Death Row and Knight estates asked the court to declare that they are free to shop the catalog to other potential buyers, says the Post. 

Both parties attempted to pull in an investor group headed by representatives for actor/singer Jamie Foxx, according to court papers. Global Music claims it approached the Foxx group about bankrolling the balance of the money only to see the deal sour after the estate then independently approached them about selling the assets directly to them. Those talks subsequently fell apart and Global Music threatened to sue the estate for breach of contract.

After filing for bankruptcy in 2006, Knight was ordered in May to liquidate the label that he co-founded. It was snapped up by Berg and Global Music Group in June, putting them in control of the recordings of Tupac Shakur, Snoop Dogg and Dr. Dre during their tenure at the label.