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Business Transaction

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entertainment1 year ago

"Michael Jackson's Estate Dispute: Son Bigi Takes Grandmother to Court Over $600M Catalog Deal"

Michael Jackson's estate claims that his mother, Katherine Jackson, has received over $55 million since his death, including a $160,000 monthly allowance and a $15 million luxury home. The estate is in a legal dispute with Katherine over her opposition to a business transaction, believed to be a $600 million catalog deal with Sony. The estate argues that it has generously provided for Katherine's care and maintenance, and should not have to pay for her recent legal bills, which stem from her efforts to block the deal.