Today's media report
Who will be the owner of Michael Jackson’s estate?
One of Michael Jackson’s former personal managers testified Tuesday that the financially strapped singer had ambitious plans to rebuild a career that by 2006 had remained tarnished despite his acquittal in a child molestation case the prior year.
Raymone Bain — one of four people claiming part ownership in a company created by Jackson — took the witness stand on the second day of a non-jury trial resulting from a petition filed by the Jackson estate, which is seeking to have the estate declared the sole owners of the Michael Jackson Co. LLC.
Jackson died on June 25, 2009, at age 50 of a drug overdose while in Los Angeles preparing for a series of comeback concerts in London.
Bain, Qadree El-Amin, Broderick Morris and Adean King say they collectively own about 15 percent of the company under a 3 a.m. deal to which Jackson agreed in a Tokyo hotel room on June 1, 2006. King was the only one of the four not present when the alleged accord was reached.
After a well-publicized trial, Jackson was found not guilty of all child molestation charges against him in June 2005. According to Bain, the singer desired to change the public’s opinion of him, which had hit a sour note because of the trial.
“He was interested in turning ’round the negative image prior to, during and after the child molestation trial,” Bain said.
Bain said Jackson flew to Tokyo from London to be present at the meetings with the claimants as well with businessmen who he hoped could help him realize his dream of building a studio for 3D projects.
“He was ahead of his time,” Bain said. “This was before ‘Avatar.”‘
Jackson also was interested in animation work, Bain said. But he needed the help of investors who were willing to put up $50 million to $60 million to build the 3D studio, Bain said.
No deals occurred despite lengthy meetings, Bain said.
“It seemed we met 24 hours a day,” she said.
Bain said Jackson also was in need of immediate income. Asked by the Jackson estate’s attorney, Howard Weitzman, how much the singer desired, Bain replied, “Anything that he could get.”
Maxwell Blecher, an attorney for El-Amin and the three other respondents, said he does not know how much his clients may be entitled to if they win the case because the estate’s lawyers have not given them documents demonstrating the value of the estate. However, he said that despite the lack of information, it is worthwhile for the four to push forward.
“I believe there is substantial money there,” Blecher said.
— City News Service
http://mynewsla.com/hollywood/2015/12/29/who-will-be-the-owners-of-michael-jacksons-estate/
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edited to add : RF also has a piece about this
Believe it Or Not: A Michael Jackson Court Case Is Going on Right Now in Los Angeles
It’s hard to believe, but six and a half years after his tragic death, yet another court case involving Michael Jackson is going on right now in Los Angeles.
The case is billed as Qadree El-Amin vs. Michael Jackson Estate (John Branca, John McClain). Although she’s not named as a plaintiff, the person lurking behind this effort to extrude money from the Estate is Michael’s former p.r. lady and “manager,” Miss Raymone Bain.
When Tom Mesereau, Michael’s criminal attorney, fired her right before the jury decision in June 2005 for Jackson’s child molestation case, she called me. I was driving back to L.A. after another week in wonderful Santa Maria, California. I turned right around. Raymone, who’d ruled the roost, was out.
Yet she returned a year later, after Jackson’s self-exile in Bahrain and other places. She was his manager now, and would be until Tohme Tohne ousted her in a coup. The Raymone Era could take up its own book. She sued Michael for $44 million after he died. Well come on, why not? Ah, Raymone. She is a legend. She should get points for tenacity and perseverance.
El-Amin et al’s complaint, filed in May 2013– almost four years after Michael’s death-alleges that back in 2006 he, someone named Broderick Morris, and Bain’s assistant all contracted with Jackson to start a new company that would house all his film and recording projects. They have documents to prove it, they say.
Who is Qadree El-Amin? I have no idea, really. But from 1997-2013 he has about 20 cases in civil court. They range from breach of contract to a domestic dispute to a divorce. There’s also a paternity case and several Small Claims cases. Whoever he is, Mr. El-Amin is no stranger to L.A. Superior Court.
The complaint El Amin filed is full of mistakes in its timeline and generalizations about Jackson. I’m sure Howard Weitzman– handling the trial himself, I hear– is going to town on this stuff, as well as the omission of how Tohme got rid of Bain and how she wouldn’t let go. (Then, of course, Tohme wouldn’t let go.)There’s no jury, but the trial judge must be getting an earful.
By the way: My favorite part of the complaint is an exhibit– in which El-Amin et al add on their June 1, 2006 contract with Jackson. The agreement claim that Michael intends for his son Prince to become Chairman of this new company they all started together when the boy “finishes scoool.” Yes, that’s the way it’s written, just above Michael’s floating signature. LOL.
Good luck!