Michael Jackson's younger brother Randy will testify Friday in Los Angeles County Superior Court against a proposal by concert promoter AEG Live for a three-city memorabilia tour that would begin this October, the same month a feature film using footage from Jackson's final rehearsals hits theatres.
The Bad singer's mother, Katherine, also disapproves of the proposal, which was ironed out by John Branca and John McClain, who are serving, for now, as special administrators of Jackson's estate.
As it stands now, the deal would give half of the profits from the exhibition to the Jackson estate and the other half to AEG Live.
Lawyers for the Jackson family argued in a hearing last Monday's that the 50-50 split of profits for the exhibition was too generous to AEG Live, but estate lawyers said they negotiated the best terms possible.
Katherine wants the deal negotiated.
Other industry experts (a concert promoter, an accountant and a lawyer) will also take the stand during Friday's hearing.
Upon completion of the proceeding, Judge Mitchell Beckloff is expected to make a ruling on Katherine's objection to the agreement.
AEG Live lawyer Kathy Jorrie said any further delay in approval would cause the company to abandon the deal and the company would not renegotiate.
Questions surrounding Jackson's shocking death last June 25 in Los Angeles and AEG Live's role in his last days are an "obvious source of tension" as Katherine objects to the agreement, Jackson attorney Burt Levitch said earlier this week.
Jackson's family has "floated" the possibility of filing a wrongful-death lawsuit against AEG Live because of its "very, very active role in Michael's life during the last six months," Levitch said.
Levitch said AEG Live "apparently paid for the services of Dr. Conrad Murray, who we're told is under criminal investigation in connection with the decedent's death."
It's believed that Murray -- Jackson's personal physician -- gave the powerful anesthetic propofol to the pop superstar in the 24 hours before he died to help him sleep.
"There's an obvious link between AEG and concerns that we have about the decedent's demise," Levitch said. "So, that's one obvious source of tension right now."
Jacked from Radar Online
The Bad singer's mother, Katherine, also disapproves of the proposal, which was ironed out by John Branca and John McClain, who are serving, for now, as special administrators of Jackson's estate.
As it stands now, the deal would give half of the profits from the exhibition to the Jackson estate and the other half to AEG Live.
Lawyers for the Jackson family argued in a hearing last Monday's that the 50-50 split of profits for the exhibition was too generous to AEG Live, but estate lawyers said they negotiated the best terms possible.
Katherine wants the deal negotiated.
Other industry experts (a concert promoter, an accountant and a lawyer) will also take the stand during Friday's hearing.
Upon completion of the proceeding, Judge Mitchell Beckloff is expected to make a ruling on Katherine's objection to the agreement.
AEG Live lawyer Kathy Jorrie said any further delay in approval would cause the company to abandon the deal and the company would not renegotiate.
Questions surrounding Jackson's shocking death last June 25 in Los Angeles and AEG Live's role in his last days are an "obvious source of tension" as Katherine objects to the agreement, Jackson attorney Burt Levitch said earlier this week.
Jackson's family has "floated" the possibility of filing a wrongful-death lawsuit against AEG Live because of its "very, very active role in Michael's life during the last six months," Levitch said.
Levitch said AEG Live "apparently paid for the services of Dr. Conrad Murray, who we're told is under criminal investigation in connection with the decedent's death."
It's believed that Murray -- Jackson's personal physician -- gave the powerful anesthetic propofol to the pop superstar in the 24 hours before he died to help him sleep.
"There's an obvious link between AEG and concerns that we have about the decedent's demise," Levitch said. "So, that's one obvious source of tension right now."
Jacked from Radar Online
8 comments:
Miss Katherine is right. Why should AEG get half? Half for what? I wouldn't give them more than 30%, in addition to their fees for production.
HOLD THE HELL UP!!! THAT IS NOT RANDY JACKSON IN THAT DAMN PIC!!! PLEASE LEARN THE JACKSON BROTHER BEFORE YOU JUST PUT NAMES OUT WITH THE WRONG PIC
You're wrong. That is Randy. It is not Jackie or Tito and I think anyone would recognize Jermange's ugly mug. I am starting to wonder if Michael was in fact murdered. Something is not right here. Not right at all.
@ 3:33 YOU NEED TO LEARN THE JACKSON BROTHER'S YOUR DAMN SELF SMH.
I hear people mostly yt, saying that the children look like Michael, the African statue looks like Michael, well you can get all the face features jobs (plastic surgery) the fact remains the GENES remain the same, if anything for whoever said learn the Jackson bros that's not Randy, Randy is one of the few Jackson's that clearly looks like he had no surgery, that's Randy all day lone, now yahoo put up a progression of MJ pictures the first young one was clearly Randy when they list it as Michael, just let blk pp or pp from the Jackson era list family members from now on, lol, AEG should kick rocks and get 20% they ain't family
^^Randy had a nose job. The only two Jackson's that probably didn't get anything done are Jackie and Tito.
thats the only jackson i have seen with a normal hair style.
AEG deserves half because they were paying for everything. Michael didnt pay for anything. You think michael was paying to rent the staples center from HIS money? AEG should be able to recoup their money. The jackson family should get exactly what michael left them--almost nothing. If katherine is soooo business saavy, why didnt michael make her a tustee of his estate?
Post a Comment