Michael Jackson Estate Defends Paying Lawyers $625K After Paris Jackson Raises Concerns

Michael Jackson Estate Defends Paying Lawyers $625K After Paris Jackson Raises Concerns
Paris Jackson has raised questions about how her late father’s estate is spending money, and they’re pushing back.
In new court documents filed July 15, the estate responded to Paris’s concerns over $625,000 in “premium payouts” made to three law firms in 2018 for unrecorded attorney time.
They said the payments were justified. “The attorneys were instrumental and critical in assisting and supporting the Executors in achieving unprecedented results for the Estate,” they argued, citing a $287 million return on the estate’s EMI investment.
View this post on Instagram
The estate also added that lawyers like Mr. Weitzman and Mr. Katz brought “experience, negotiating skills, relationships, and knowledge of the entertainment and international music publishing and recording businesses,” and should not be “fairly compensated by an hourly rate fee payment” alone.
A court hearing on the issue is expected on Wednesday, July 17.
Thoughts?
[VIA]
Previous Article
Next Article
Trey Songz Called “The Scum Of The F*****g Earth” By Podcaster Rory, Alleges Trey Has Abused At Least 15 To 20 Women
The Game Airs Out Beef With His Older Brother On New Album, Brother Responds: “You Broke Our Dead Father’s Heart!”
Lizzo Responds To Antonio Brown’s Ozempic Comment w/ Bikini Post
Lizzo’s Fans Rave About Her Fit New Look Amid Weight Loss Journey
Tamar Braxton Firmly Denies Ever Having Plastic Surgery: ‘I Haven’t Had Any Work Done, I Promise’
YFN Lucci Denied Bond In Gang Racketeering Case
B2K’s Raz B Arrested For Domestic Violence Against Girlfriend
Burna Boy Reveals Toni Braxton Receives 60% of Royalties From His Song ‘Last Last,’ Which Samples Her Hit Song ‘He Wasn’t Man Enough’