Court Hearing Centers Around Michael Jackson's Growing Fortune
Posted on Aug 17, 2009 @ 09:53AM
Attorneys representing Michael Jackson's mother, Katherine, will lock horns with the executors of Jackson's estate, John Branca and John McClain, over control of the late singer's fortune in a court hearing scheduled for downtown Los Angeles at 2:30 p.m. PDT Monday.
Despite his death, the singer's assets continue to grow: a judge last week approved a film that will include footage of Jackson's final rehearsals; his estate will receive around 90 percent of the profits, with the other 10 percent going to concert promoters AEG. Branca and McClean, according to ABC News, have stated they hope to generate as much as $100 million this year.
Date for Michael Jackson's Burial Confirmed
Jackson died after suffering a sudden cardiac arrest June 25 in Los Angeles; results of an autopsy conducted on the pop icon are being withheld by the Los Angeles Coroner's Office until the police investigation has been completed.
RadarOnline.com will be on hand for all the proceedings, check back for more on this case later in the day.
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Oct 28, 2009 @ 13:08
MJ trusted John Branca and John McClain to handle/administer his Estate...Katherine can put a stop to the BS if she wants to!
Posted Mon, 08/24/2009 - 8:06am
FIRST@@ AEG and those guys very interesting
Posted Mon, 08/17/2009 - 10:50am