Despite the recent good news for the estate of last music icon Michael Jackson, such as the three quarters of a billion dollar deal with Sony, there are still reminders from the dark final years before the singers death. This includes the ongoing lawsuit from his former manager claiming am ongoing percentage of the gross receipts of the sales of Jackson’s music as well as from the sale of Neverland Ranch. However, the estate scored a recent victory when it forced the manager’s legal team to amend their complaint which follows in the footsteps of it’s victory against the manager in front of the of the California Labor Commission over the legality of the terms of a contract. However, these victories may be hollow with recent reports indicating that Jackson’s estate faces a huge estate tax bill from the IRS potentially in the hundreds of millions. As of now the trial over the managerial fees is set to begin May 3.
See Ashley Cullins, Judge Allows Michael Jackson’s Ex-Manager to Amend Complaint Against Estate, The Hollywood Reporter, March 29, 2016.
