Michael Jackson - Jackson Estate Hit With New Creditor Claim

05 January 2010 22:01
Michael Jackson

Picture: Michael Jackson The memorial service for the King of Pop, Michael Jackson, at the Staples Center Los Angeles, Califor....

Jackson Estate Hit With New Creditor Claim

MICHAEL JACKSON's estate has been hit by yet another creditor's claim - from an investment banking firm that handled the late pop legend's finances.

According to the latest creditor's claim, filed in Los Angeles Superior Court, Jackson's estate owes over $328,299 (GBP205,187) in unpaid fees to Signal Hill Capital, a small investment banking firm based in Baltimore, Maryland.

Attorneys for the company claim the amount is owed for "financial services related to music publishing assets".

According to TMZ.com, creditors' claims against the Thriller hitmaker's estate have exceeded $20 million (GBP12.5 million).

Other creditors include Jackson's spiritual advisor Revd. June Juliet Gatlin, his former skin doctor Arnold Klein, choreographer LaVelle Smith Jr. and the pop superstar's one-time manager and adviser Dr. Tohme Tohme.

Jackson's sister, Janet, and brothers Jackie, Tito, Jermaine, Marlon and Randy also reportedly have an ongoing royalties claim and have been listed as potential creditors.


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6th January 2010   08:00

jacqueline ( 1899)

Poor MICHAEL, he has only been gone a few months~~~~~ and everyone wants to take the money away fron his children~~~~~~ with all these creditors.~~~~~~ Doesn't any one think about the children???~~~~~~~~~~ Why don't all these creditors give it up~~~~~~~ for L.O.V.E. Think of all the money that MICHAEL JACKSON has given to different causes around the world.~~~~~~~~~~~~ Let Michael's children have this money and not be greety.~~~~ A true supporter of MICHAEL JACKSON

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