BREAKING NEWS: Michael Jackson Estate Hearing – “We Have A Dilemma” Says Attorney
Aug. 17 2009, Published 9:30 a.m. ET
Can’t we all just get along? is the question Judge Mitchell Beckloff may soon be posing to the opposing sides in the Michael Jackson estate hearing going on Monday afternoon in Los Angeles County Superior Court.
The hearing began at 2:30 PM PDT, and very pressing, according to attorney Howard Weitzman who represents the Special Administrators for Michael’s estate -- the singer’s longtime associates and friends John Branca and John McClain -- is the approval of their pending deal with AEG. While the attorney appointed to represent the interests of Michael’s kids has agreed to the deal, Katherine Jackson has not.
“We have a dilemma,” Weitzman told Judge Beckloff. “One beneficiary doesn’t object and the other beneficiary does. We have a five to six million dollar deal for the estate that may never be recovered because of timing issues. We need court wisdom to overcome this hurdle.”
To which Katherine’s attorney Burt Levitch countered, “We have a real problem with the AEG deal.”
Judge Beckloff himself has already suggested some impatience with the many objections coming from the Katherine Jackson camp. He’s set a September 9 hearing for Mrs. Jackson’s “safe harbor” hearing regarding the appointment of Branca and McClain as the Special Administrators of her son’s estate.
- Michael Jackson’s Family War: Estate Executors Reveal Katherine’s $3.7 Million Tax Debt in Fight Over Music Catalog Sale
- Startin’ Somethin! Michael Jackson’s 93-Year-Old Mom Fires Back in Court After Grandson Blanket Fights Her $500k Demand From Pop Star’s Estate
- REVEALED: Michael Jackson's Mother Katherine Paid $55 Million From His Estate Since Pop Star's Death
One piece of business was settled however. All sides agreed to an agreement with Bravado, the licensing company handling all MJ memorabilia.