Sunday, December 20, 2009

Michael Jackson Estate Hit With A Surprising Suit

The approach of year's end ushers in sadness as we remember the loss of the Michael Jackson, who died in June. Jackson's fans showed their support of his works, and spent a lot of money doing it. to reports, Jackson's estate is believed to have earned $100 million. While that is a good figure, there's a bit of an issue. The estate's administrators, lawyer John Branca and music business veteran John McClain, have reportedly not been paid.
The administrators filed court documents Tuesday on behalf of themselves and estate attorneys seeking five percent of the earnings. They have not been paid since Jackson died on June 25, AP reports.
In a hearing scheduled for January 4, Los Angeles Superior Court Judge Mitchell Beckloff will determine the amount to be paid to the administrators.
The lapse in payment has posed a hardship for many of the attorneys, some of which have worked up to 14 hours a day on the case. The filing asks the judge to make a decision as soon as possible.