Anna Nicole Smith - Smith Estate Loses Latest Round In Marchall Family Cash Battle

Anna Nicole Smith's estate has been dealt a bitter blow in its bid to land a large slice late oil tycoon J. Howard Marshall's fortune - a Supreme Court Chief Justice in Washington, D.C, has overturned a decision to give the tragic model's family $475 million (Gbp297 million).
The billionaire Texas oil tycoon was briefly married to Smith when he died in 1995 and she fought his son and other family members for a large cut of his estate up until her death in 2007.
A California bankruptcy court judge awarded the late Playmate $475 million from Marshall's estate, but now Chief Justice John Roberts has decided that ruling was a mistake.
In his ruling on Thursday (23Jun11), he wrote, "We conclude that, although the Bankruptcy Court had the statutory authority to enter judgment on the counterclaim, it lacked the constitutional authority to do so."
Marshall left his estate to his son, E. Pierce Marshall, and nothing to Smith. Upon her husband's death, she filed a petition for bankruptcy in California and was initially awarded $425 million (Gbp256.6 million) in total damages.
Pierce Marshall challenged the ruling.
The battle over the estate has continued even though Pierce Marshall died in 2006 and Smith a year later.
Smith's lawyer Kent Richard tells Abc News that today's ruling means his client's estate no longer has the right to the millions awarded by the bankruptcy court, but he reveals there are continuing separate proceedings ongoing in other courts.
He says, "There are ongoing appeals. Because of the complexity of the case there are other aspects to the case in other courts that will continue to be finalised."


Contactmusic

Tags: Anna Nicole Smith - Howard Marshall - ABC


Advertisement

Editors Recommendations

Guardians Of The Galaxy Head for Avengers Crossover

With the release of Marvel's latest movie Guardians of the Galaxy, rumours are rife about...

Guardians Of The Galaxy Head for Avengers Crossover

Interstellar - Alternative Trailer

Cooper is a pilot and engineer with a huge ambition to save the world. With little discoveries left to be made...

Interstellar Trailer

After 'Bang Bang,' What Are Some Of The Best Triple Threat Pop Songs?

The only thing better than one pop star on a song is three, right? How...

After 'Bang Bang,' What Are Some Of The Best Triple Threat Pop Songs?

Smokey Robinson - The Tracks Of My Tears ft Elton John (Audio)

Smokey Robinson has teamed up with Elton John on a new version of...

Smokey Robinson - The Tracks Of My Tears (Audio) Video

Reviews Round-Up: Critics Fall For The James Brown Biopic 'Get On Up'

The story of American funk, soul and dance legend James Brown is...

Reviews Round-Up: Critics Fall For The James Brown Biopic 'Get On Up'

One Direction Spearhead A Great 2013 For British Music Sales

Pop sensations One Direction were the highest selling British act globally in 2013. The...

One Direction Spearhead A Great 2013 For British Music Sales
Advertisement

Katy Perry - This Is How We Do (Official Video)

Katy Perry shows off her vibrant life in the colourful video for her new single 'This Is How We Do'...

Katy Perry - This Is How We Do Video

LeAnn Rimes Returns To Her Roots On Latest Episode Of Reality Show

LeAnn Rimes is on a quest to return to her roots, which means two...

LeAnn Rimes Returns To Her Roots On Latest Episode Of Reality Show

5 Seconds Of Summer - Amnesia Video

5 Seconds Of Summer topped charts worldwide with the release of their self-titled debut studio album earlier...

5 Seconds Of Summer - Amnesia Video


More recommendations

Advertisement

Comments

Anna Nicole Smith Newsletter

Subscribe to this news alert service to receive news and reviews on Anna Nicole Smith

Unsubscribe | Unsubscribe All