Taylor Swift Being Sued for Breach of Contract

Taylor Swift poses prior to a dinner celebrating Italian fashion brand Roberto Cavalli's 40th anniversary on Sept. 29, 2010, in Paris.
NEW YORK (CBS) Taylor Swift is being sued for breach of contract.

PICTURES: Taylor Swift

Dan Dymtrow is reportedly suing the 20-year-old singer for millions, claiming he's owed money for having signed her as a 14-year-old and helping to build her career, according to published reports.

The Hollywood Reporter states that the former manager says he deserves at least five to 10 percent commission from Swift's sales, but her family conspired to fire him before he could collect.

"They delayed and delayed [the deal] and got rid of my client and subsequently signed [another] deal and kept his commissions for themselves," attorney Fernando Pinguelo said, according to the report.

Swift's lawyer counters that Dymtrow's claim is "ludicrous" because the manager never followed through on the mandatory paperwork to assure himself of such royalties.

The two sides have been fighting since 2007, when Dymtrow (who has also represented Britney Spears) first sued the Swifts because he believed they breached a contract by paying him just $10,000 for his work launching Taylor's career.

No trial date has been set for the latest lawsuit. Swift's new album, meanwhile, comes out on October 25.

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