Re: Jacksons vs AEG - Day 59 - July 30 2013 - News Only (no discussion)
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@MissLoriAnne I'm sorry, bad typo. Dr. Shimelman testified MJ had one week to live in the hands of Dr. Conrad Murray.
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@EquusFemina You're very welcome!
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@HisLight777 Very true, but we love the challenge to bring you all the testimony in a fair and impartial manner. ;-)
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@NenehJackson And that's, according to testimony, is because MJ was under the care of Dr. Murray. I hope this makes sense.
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@NenehJackson Briggs had some talking points he wrote on a paper and he said Dr. Shimelman testified MJ would've die any day.
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Next potential witnesses: Randy Jackson (via video depo), Michael La Perruque (MJ's former head of security), Debbie Rowe, Rebbie Jackson
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Judge then adjourned trial until 9:45 am PT tomorrow. Attorneys ordered at 9:30 am to discuss trial issues with the judge.
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Panish: Live Nation hired you to assess concert and feasibility?
Briggs: No
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Panish asked if AEG only hired him 3 and half years after MJ was dead. Briggs said yes.
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"It appeared they (AEG) believed the shows would've gone forward," Briggs testified.
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Briggs: If I were hired, I'd have told my opinion that it's speculative that the 9 months would have been completed.
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Panish: Was AEG fraudulently selling tickets for the shows?
Briggs: I can't opine on that, I'm not an expert in fraud.
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Panish: Did AEG ever hire you to see if the show would happen or not?
Brigss: AEG did not hire me before February of this year.
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Panish asked who was more knowledgeable in concerts, if Briggs or Paul Gongaware. Briggs responded it depends which aspect of the business.
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Briggs: AEG had a plan for 50 shows, they had a budget for 50 shows, they were interested in doing 50 shows.
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Panish: AEG thought MJ could do 50 shows, didn't they, sir?
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Briggs: Dr. Shimelman stated a life expectancy of one week, I don't know how someone could perform for 9 months.
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Dr. Schnoll said MJ could've been treated by a fit and competent doctor and remove the risk.
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Dr. Shimelman said if Dr. Murray remained in the picture, MJ would live only another week.
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Briggs relied on Dr. Earley's testimony. He was unable to give a life expectancy to MJ because he wasn't hired for that.
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Briggs said one of the experts he reviewed stated the normal actuary doesn't apply to MJ's life and behavior.
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The expert said he didn't review MJ's autopsy report, since he has no ability to read it.
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Briggs said he relied on AEG's attorney to give him all the relevant materials related to what he's been asked to opine.
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Briggs: Just to be clear, I can't assess anyone's life expectancy.
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Panish said Dr. Earley wasn't asked to opined on MJ's life expectancy. Briggs read Dr. Earley's deposition and that's what it reads.
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Briggs: To a lay person, Dr. Earley's testimony that MJ was playing Russian roulette is talking about life expectancy.
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Briggs: I was asked to assess forecast earnings, not blame.
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Panish: Isn't it true Dr. Earley never blamed MJ for his addiction?
Briggs: That's what I recall from the testimony.
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Briggs' note says Dr. Shimelman -- Die any night
Briggs: Dr. Earley said the way MJ was taking drugs was like playing Russian roulette.
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Briggs: This is not my opinion, I'm not a doctor, I was relying on Dr. Shimelman's testimony (about one week to live).
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Briggs: There are all kinds of risks, like risk of relapse, risk of the manner he's taking the drugs.
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Panish: If Dr. Murray isn't in the question, there's no risk, right, sir?
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Briggs: It appears in determining his life expectancy Dr. Shimelman took in consideration Dr. Murray.
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Panish asked if Dr. Murray was a risk to MJ's health.
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Briggs: I wasn't focused on the risk, I was focused on a doctor assessing a record after the fact.
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Panish: Dr. Murray was a big risk to MJ's health, wasn't he?
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Dr. Earley said MJ was essentially playing Russian roulette in the way he was using drugs, Briggs said.
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Panish: Are you aware that IRS is investigating the people who hired you and undervalued Sony ATV catalogue?
Objection: Sustained
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Briggs: I believe his statement was MJ's life expectancy was one week, and he was taking into effect a lot of things: Dr. Murray, drug use
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Panish said Dr. Shimelman testified MJ's life expectancy was one week based on Dr. Murray's treatment of him.
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Briggs testified he saw testimony that MJ had one life week to live after June 25, 2009, the day of the artist's death.
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FTI is a public traded company. Briggs said he thinks the company was approaching $2 billion in revenues last year.
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Briggs receives a salary and bonus based on performance of the division.
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Briggs said he spoke with Cohen again about two months ago, and she acknowledged his work on this case.
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She was well aware what was going on and approved it. Briggs said he told her he had no interest in sharing the work done for the Estate.
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Briggs was retained on February 8, 2013. He spoke with Jeryll Cohen from MJ Estate and she okay'd him to testify as witness in this case.
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"My recollection was the attorneys for the Estate of Michael Jackson," Briggs testified. He said a call took place, doesn't know who called.
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Panish: Who did you call, have sign waiver in writing about a potential conflict of interest?
Briggs said there wasn't anything in writing.
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"I went one step further and told them (AEG) I would not be discussing anything regarding my other work," Briggs said.
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Briggs said he had engagement agreements with a number of entities related to MJ.
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Briggs said that what was more important to him is what FTI's general counsel thought and they determined there was no conflict of interest.
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Briggs testified AEG didn't see the work done in previous engagements as conflict of interest.
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Panish asked if Briggs worked with MJ before being retained in this case. He said yes and that he discussed it with AEG.
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Briggs said he watched the testimony of Meglen in the overflow room. He was accompanied by 3 AEG attorneys.
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Briggs never performed an audit for a record company.
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Panish: Goldman Sacks hired you regarding MJ, right sir?
Briggs: I don't recall specifically.
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Panish: Goldman Sacks?
Briggs: It's possible, I work on hundreds of projects a year.
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Fortress Capital -- Briggs said it was another company. He recalls law firm and there may have been financial companies.
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Panish: Was one of them Sony?
Briggs: Yes
Sony ATV Music Publishing was one of the companies, not Sony music, Briggs said.
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Briggs said he provided his opinion in those engagements, 5 to 10 times, before MJ died, to 3 or 4 third parties.
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Regarding this asset, the Sony ATV catalogue, Briggs said he worked on evaluating it between 5-10 times.
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Panish asked if before MJ died if any law firm hired his company to assess MJ's assets. Briggs said he doesn't recall.
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Briggs: In one particular case, a law firm hired us. It was in late 2009, after Michael Jackson had died.
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Briggs said he's not comfortable disclosing the names of the companies that hired him before. Judge Yvette Palazuelos ordered him to answer.
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Panish: Do you have a conflict of interest in this case?
Briggs: No
P: Have you been clear about your company to testify?
B: Absolutely
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Briggs asked the judge to instruct him on what he should answer, since Panish wants to know who he was working w/ regarding the catalogue.
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Briggs said he was working with someone unrelated to this case regarding the value of the Sony catalogue.
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Briggs said he performed the evaluation of Sony's catalogue many times, and his response was related to June 2009.
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Panish wants to know if the gross value of the catalogue was in excess of the debt. Briggs said no.
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Briggs: I believe the testimony the debt associated with Sony ATV catalogue was $400 million.
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"I don't remember the number," Briggs said. "I did not believe that's the case."
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Panish asked if the gross value Briggs put for the Sony catalogue is well in excess of the value of MJ's debt.
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Briggs: I'm sorry I'm having a trouble here, but I don't want to disclose any confidential information.
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Panish: It's well in excess of $500 million, isn't it, sir?
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Briggs said he had knowledge of some of MJ's asset.
Panish: Did you value that asset (Sony's catalogue)?
Briggs: Yes
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Briggs said he does not know that MJ had assets worth more than 300 or 400 or 500 million when he wrote his opinion .
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Judge gets mad with Strong for not stopping the objections, tells her to abide by her rulings. Strong continued, judge called a sidebar.
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Panish: You know, through your own knowledge, that MJ's assets far exceeded his debts when you wrote that on the sheet, don't you sir?
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Briggs said he's concerned about confidentiality agreement in answering this question.
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Panish asked if Briggs knows that MJ's asset, especially one, exceeded the amount of his debt.
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Panish asked if Briggs knows that MJ had assets with value. Briggs said yes.
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Panish: How do you know he was in debt?
Briggs: There were extensive testimony in this case about MJ's debt
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Panish asked if Briggs considered MJ's Sony ATV catalogue, which is one of his assets, to offset the debt.
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Briggs: MJ history of significant debt figured in my opinion that MJ would encounter challenges in securing endorsements.
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Briggs notes: Challenges with major advertisers given history (drug usage, child abuse, litigation, debt); also negative publicity
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Panish showed a document Briggs wrote that was basis for opinion on not getting endorsement is debt.
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Panish: So you worked on 1300 project in 750 weeks?
Briggs: Approximately
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Briggs said he's worked an average of 50 weeks per year over the past 15 years. Panish calculated it to be about 750 weeks of work.
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"I've not done projection of loss of earning capacity," Briggs said.
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Panish asked if Briggs has ever testified regarding loss of income in wrongful death or personal injury cases. The expert said no.
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Briggs said his understanding is that future earning capacity is what someone is expected to receive for future work.
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Briggs: My opinion related to Mr. Erk's analysis, which has earning capacity in it.
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Panish: Could he have made money working?
Briggs: Sure, anything is possible
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Panish: How much would he have made working in concerts?
Briggs: My opinion is that it is speculative to project earnings for future work
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Panish: Your opinion, had MJ not died, he would have earned no money, correct?
Briggs: That's not my opinion
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Briggs: My opinion is that it is speculative to project that he (MJ) would earn money related to work.
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Panish: MJ would earn no money in the future had he not died?
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"I don't believe the defendants are admitting they owe anything" Briggs said.
He said he was asked to opine on plaintiff's damage analysis.
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Briggs: I'm not entirely sure what the defendants said they are responsible for
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Panish: You understand the defendants say they are not responsible for anything in this case, right?
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Briggs: I believe that's correct. The chart stated it sold 65 million.
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Panish: And the highest selling album in the history of the world is "Thriller," correct, sir?
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Briggs also said he has never produced concerts. People in the music industry are his clients, Briggs said.
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Panish: You never promoted a concert, have you?
Briggs: I'm not a concert promoter
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Panish: Did you review Billboard Magazine regarding this case?
Briggs: Yes
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The expert didn't summarize the trial testimony he read either. He named about 7 people from whom he read testimony.
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Briggs said he has only testified once in UK related to a tax case. He has never testified before in a court in the US.
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Briggs said he reviewed the opening statements by both parties, summary judgment and opposition, and the judge's ruling.
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"I cannot give you an exhaustive list of all the depositions I reviewed in this case," Briggs said. He named about 15/16 people.
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Briggs said he read thousands of pages of depositions, probably 10K. Panish asked if Briggs made summaries of the depositions. He said no.
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Panish: Did you ever make a list of all the depositions you reviewed in this case?
Briggs: I did not put together an exhaustive list.
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Briggs said that if Panish is defining in printed paper what he generated, then yes. But if he counted deposition and testimony, then no.
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Panish said the material Briggs generated is about an inch worth of documents.
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Panish: Everything contained in this little file is what you generated in this case, correct?
Briggs: By your definition, yes
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Briggs said that binder does not contain everything that he generated.
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Panish held a three ring binder with about 2 inches of documents and asked Briggs if those were all the documents he generated for $650K.
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Briggs said he doesn't know specifically what he did on those hours, but did research in connection with the case, preparing for deposition.
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Bill shows 17.3 hours worked, $13,840 charge.
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Panish: Do you keep track of the hours you work?
Briggs: Yes, I tell my assistant how much I worked on a case
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Panish showed the witness the bill sent by Briggs' company. It does not detail the work done, only the amount of hours spent.
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Since his deposition, Briggs said he has worked approximately 200 additional hours, 350 hours total.
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Panish said the expert testified in his deposition he had worked 130 hours in this case.
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Briggs said his understanding is that there's another person hired by AEG to testify regarding damages in this case.
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Panish: And you say you're independent, correct, sir?
Briggs: I'm offering my independent opinion in this matter
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Panish: How much, sir, have you charged O'Melveny & Myers?
Briggs said the total bill is in the order of $600,000 to $700,000.
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Briggs said Panish's characterization that Matthew worked the most in this case is concerning.
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Matthew has been with the company for about a year and Panish says he's the one who has been doing a lot of the work.
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Briggs said another member of his firm (Matthew) is helping him in the case.
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The expert said he worked 40-50 hours approximately since July 18. He said he went to the attorneys' office 5 days last week, 2 this week
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Briggs said he has had between 4 and 6 meeting with AEG's attorneys over the last two weeks.
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Panish: So you are not independent?
Briggs: I'm not sure I understand where you're going with this.
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"I'm engaged in this matter as an expert witness," Briggs responded. "My firm has been hired by AEG and O'Melveny & Myers."
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Panish: You never worked for us?
Briggs: I'm not performing work in this matter for Mrs. Jackson and Panish law firm
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Panish: You are being paid by this side here, sir?
Briggs: I don't agree with your characterization
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Panish asked if his company was being paid, and the expert said FTI consulting is billing fees in this matter.
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"I'm offering my independent opinion in his matter," Briggs said. As an individual, he's not being paid.
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Briggs said he's engaged in this matter as AEG and O'Melveny & Myers expert witness.
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Strong finished her questions. Jacksons' attorney Brian Panish did cross examination.
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Briggs Conclusions:
1- It is speculative as to whether these projects would be completed;
2- The projection and numbers are speculative
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Strong continued her questioning. Briggs said he was tasked to analyze Erk's projection related to MJ's potential work-related income.
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She said when Dr. Saunders said the only two drugs he know of were Demerol and morphine -- it should be buprenorphine instead of Morphine.
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Before testimony resumed, AEG's Kathryn Cahan said last week, when Dr. Saunders' video deposition was played, they didn't read a correction
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Katherine Jackson was present in court, wearing a black and white jacket with floral details.
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Eric Briggs was back on the stand. Sabrina Strong finished direct examination.
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Hello from the courthouse in downtown LA. Day 59 of Jackson family vs AEG trial has just wrapped up. This is Week 14 of the trial.