March 23rd 2024.
A dispute has arisen within the Jackson family, and it's causing quite a stir. Michael Jackson's youngest son, Bigi, is at the center of it all, standing up against his own grandmother, Katherine Jackson. The source of their disagreement? The use of funds from Michael's estate to support Katherine's legal battle against the estate executors, John Branca and John McClain.
According to People magazine, 22-year-old Bigi has taken action by filing paperwork to prevent his grandmother from using estate funds in her ongoing fight with the executors. This all stems from a disagreement over a recent transaction, which some speculate may be related to the $600 million sale of Michael's music catalog to Sony Music.
Initially, the entire family, including Michael's other two children, Paris and Prince, opposed the deal and supported Katherine's efforts to halt it. However, things took a turn when a judge ruled in favor of the executors, allowing the sale to proceed. While Paris and Prince accepted the decision, Katherine filed an appeal, which is still pending.
In December, Katherine requested that the estate cover the legal fees for her opposition to the deal. But, as of March 18, Bigi has spoken out against this request, calling it "unfair" for him and his siblings to foot the bill since the money is coming from the estate. In a court filing, his attorneys stated that it's unlikely for the appeal to be successful, and therefore, Bigi sees no point in wasting resources on it. He believes his grandmother's decision to appeal is not in the best interest of the heirs.
That being said, Bigi is not entirely against the estate covering some of the legal fees. He does not object to reasonable costs for the initial filing, as Katherine provided essential evidence. However, he questions the overall amount being requested for the trial and wonders if it was necessary for four lawyers to charge fees ranging from $840 to $1,400 per hour. He's asking the court to determine a fair and equitable amount for these fees.
In other news, Sony Music has recently acquired half of Michael Jackson's reported $1.2 billion music catalog. This development is not related to the family's feud, but it adds another layer of complexity to the ongoing legal battles surrounding the late singer's estate. It remains to be seen how this will impact the outcome of the current dispute within the Jackson family.
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