Update: Michael Jackson’s 92-Year-Old Mother Katherine Jackson Unsuccessful In Attempt To Stop Late Singer’s Estate From Moving Forward w/ Secret Deal

Katherine Jackson

Update: Michael Jackson’s 92-Year-Old Mother Katherine Jackson Unsuccessful In Attempt To Stop Late Singer’s Estate From Moving Forward w/ Secret Deal

Update: (May 01, 2023): Katherine Jackson’s fight to do what she believes is best for her late son continues.

According to court documents obtained by RadarOnline, the 92-year-old mother of 10 was unsuccessful in her attempt to stop a proposed deal from Michael Jackson’s estate.

Recently, a Los Angeles Superior Court judge ruled that the estate, run by executors John Branca and John McClain, can move forward with a transaction. The order stated,

“The proposed transaction is approved and the executors are authorized and instructed to take all actions necessary to implement the proposed transaction, including but not limited to signing all contracts and performing all obligations required of the estate.”

Details surrounding the secret deal have yet to be released to the public. However, it’s speculated the transaction that Katherine Jackson is against has to do with a rumored deal to sell half of Michael Jackson’s music catalog for over $800 million.

Despite the ruling, Katherine Jackson isn’t backing down and has already filed an appeal of the decision.

Original story: (Apr. 24, 2023): The old adage says mother knows best.

In the case of the pop superstar Michael Jackson and his estate, however, executors feel the musician’s mother Katherine Jackson actually doesn’t know best and will argue why in court soon.

Katherine Jackson

According to a report from Radar, Katherine Jackson, 92, is set to testify against John Branca and John McClain. The pair have reportedly been the executors of the Michael Jackson estate since the singer’s tragic passing in 2009. Reportedly, Jackson’s will includes his three children Prince, Paris, and Blanket Jackson as his beneficiaries as well as caring for his beloved mother for the rest of her life.

Katherina & Michael Jackson

It seems Branca and McClain worked out a deal for the estate they want the courts to approve, claiming to:

 “have an opportunity which they believe is to the substantial advantage of the Estate and in the best interest of the beneficiaries.”

While the exact details of the deal have not been disclosed, we reported back in February there was a rumored deal to sell half the singer’s music catalog for over $800 million. It’s reported that after reviewing the deal, Katherine opposed the request, asking the courts to reject Branca and McClain’s motion. The reasoning behind the decision has been sealed along with the details of the deal.

In response, the two executors highlighted the fact that the Jackson estate was headed downhill before they turned things around. Reportedly, Michael Jackson was in serious debt at his time of death. Branca and McClain’s motion against Katherine reportedly read:

“The Estate was teetering on the verge of collapse, with more than $400 million in debt that encumbered Michael’s most significant assets and little or no liquidity or means to service that debt. Through creative thinking, hard work and business savvy—and, of course, Michael’s extraordinary creative legacy—the Executors transformed the MJJ Business into a profitable enterprise,”

The professionals also noted that Katherine was originally against the production of the late singer’s documentary “This Is It”, which the court approved. Reportedly, the film greatly added income to the estate, and became the highest-grossing concert documentary in history. Additionally, Branca and McClain note that Jackson’s three children have not apposed the deal. Branca, McClain, and Katherine will all reportedly testify in the coming trial.

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