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Ein aktueller Artikel, der sich mit der derzeitigen Absegnung des 3. Buchhaltungsberichtes des Estates vom Nachlassgericht befasst. Aktuell wurden vom Gericht die die aufgeführten Rechtskosten genehmigt.
Die Rechstkosten des Estates im Jahre 2013 beliefen sich auf 1,9 Mio. Den größte Bazzen ging hierbei an die Firma Katten Muchin, die 1,1 Mio. erhält, davon alleine $917,919 für die Vertretung im fortlaufenden Rechtsfall mit Tohme. Katten hat den Estate zudem erfolgreich bzgl. Copyrightverletzungen von Michaeljacksonsecretvault.com vertreten und erfolgreich bei Schiedsgerichtverhandlungen von Creditor-Klagen in Höhe von 6,7 Mio. gegen den Estate. Die weiteren Rechskosten gehen an andere Rechtsfirmen und beziehen sich auf Steuerberatung, Verhanldungskosten zu den -Cirque-Shows und brokering-Deals zu diversen Tribute-Shows in verschiedenen Ländern.
Am Dienstag, sagte Richter Beckloff die Mutter des Popstars, Katherine Jackson ließ eine forensische Buchhalterüberprüfung die Rechttskosten der Gerichtskanzleien machen ", und der Buchhalter", war zufrieden."
Den Part zur Tohme-Klage habe ich bereits im Tohme-Thread ausführlicher übersetzt.
Estate verklagt Tohme Tohme
Jackson Estate Pays $2M To Katten, Venable, Others
Share us on: By Daniel Siegal
Law360, Los Angeles (August 12, 2014, 5:36 PM ET) -- A California judge on Tuesday approved Michael Jackson's estate's disbursement of nearly $2 million to Katten Muchin Rosenman LLP, Venable LLP and other firms for legal work in 2013, including suing a website for stealing Jackson's intellectual property and negotiating a Cirque du Soleil show based on Jackson's music.
During a hearing on the estate's executors petition for settlement of the estate's third account current, Los Angeles Superior Court Judge Mitchell L. Beckloff said he would approve the fee requests for Katten Muchin, Venable, Greines Martin Stein & Richland LL, Arnold & Porter LLP and Hochman Salkin Rettig Toscher & Perez PC, which totaled roughly $1.9 million for work done from Jan. 1, 2013, to Oct. 31, 2013.
The largest fee request is Katten Muchin's, which will receive more than $1.1 million. The lion's share of that work is the estate's ongoing litigation to void agreements Jackson's former manager, Tohme R. Tohme, obtained before the pop star's death, which accounted for $917,919 of the total fees.
That suit, filed in February 2012, alleged Tohme persuaded Jackson to sign a series of deals that guaranteed compensation and rights far beyond the norm of a personal manager. Jackson's executors John Branca and John McClain asked the court to declare these agreements void and to force Tohme to account for the money and property that he took from Jackson when he was the pop icon's personal manager from early 2008 until a few months before Jackson's June 25, 2009, death.
Among these agreements was a document guaranteeing Tohme a fee of $35,000 per month plus expenses, according to the suit. In addition, the deal provided Tohme with 15 percent of all gross compensation received by Jackson for his services in the entertainment industry, including live performances, merchandising and recorded as well as live telecasts, the suit said.
Katten also represented the estate in its litigation against website Michaeljacksonsecretvault.com, which was using a host of Jackson's intellectual property assets, including copyrights and trademarks, and in it successful defense in arbitration of a creditor's claim for $6.7M against the estate.
Venable, meanwhile, requested $87,165 for its work as lead counsel in the estate's negotiations with Cirque du Soleil to develop and perform a show based on Jackson's life and music. Venable also represented the estate in general corporate matters and tax planning, to the tune of roughly $176,000.
Arnold & Porter represented the estate in brokering deals for several tribute shows, including “Thriller Live!” which toured Europe and is shown in London, the “Forever King of Pop” show in Spain, and the “This Is It” show in Brazil, as well as in suing the organizers of an unauthorized tribute show in England. The firm requested roughly £173,000 ($291,000).
Hochman Salkin requested $163,328 for legal services relating to the estate's tax return rendered for the period from Oct. 25, 2012, to Oct. 31, 2013.
On Tuesday, Judge Beckloff said the pop star's mother, Katherine Esther Jackson had a forensic accountant look at the law firms' accounting, and the accountant, “was satisfied.”
The estate is represented by Howard Weitzman of Kinsella Weitzman Iser Kump & Aldisert LLP, Zia F. Modabber of Katten Muchin Rosenman LLP and Jeryll S. Cohen of Hoffman Sabban & Watenmaker APC.
Jackson's minor children are represented by guardian ad litem Margaret G. Lodise of Sacks Glazier Franklin & Lodise LLP.
Katherine Esther Jackson is represented by Sandra L. Ribera of Ribera Law Firm APC and Perry R. Sanders Jr. of Sanders Law Firm LLC.
The case is In the Matter of the Estate of Michael Joseph Jackson, case number BP117321 in the Superior Court of the State of California, County of Los Angeles.
--Additional reporting by Carolina Bolado. Editing by Chris Yates.
http://www.law360.com/articles/566626/ja…-venable-others
Ein aktueller Artikel, der sich mit der derzeitigen Absegnung des 3. Buchhaltungsberichtes des Estates vom Nachlassgericht befasst. Aktuell wurden vom Gericht die die aufgeführten Rechtskosten genehmigt.
Die Rechstkosten des Estates im Jahre 2013 beliefen sich auf 1,9 Mio. Den größte Bazzen ging hierbei an die Firma Katten Muchin, die 1,1 Mio. erhält, davon alleine $917,919 für die Vertretung im fortlaufenden Rechtsfall mit Tohme. Katten hat den Estate zudem erfolgreich bzgl. Copyrightverletzungen von Michaeljacksonsecretvault.com vertreten und erfolgreich bei Schiedsgerichtverhandlungen von Creditor-Klagen in Höhe von 6,7 Mio. gegen den Estate. Die weiteren Rechskosten gehen an andere Rechtsfirmen und beziehen sich auf Steuerberatung, Verhanldungskosten zu den -Cirque-Shows und brokering-Deals zu diversen Tribute-Shows in verschiedenen Ländern.
Am Dienstag, sagte Richter Beckloff die Mutter des Popstars, Katherine Jackson ließ eine forensische Buchhalterüberprüfung die Rechttskosten der Gerichtskanzleien machen ", und der Buchhalter", war zufrieden."
Den Part zur Tohme-Klage habe ich bereits im Tohme-Thread ausführlicher übersetzt.
Estate verklagt Tohme Tohme
Jackson Estate Pays $2M To Katten, Venable, Others
Share us on: By Daniel Siegal
Law360, Los Angeles (August 12, 2014, 5:36 PM ET) -- A California judge on Tuesday approved Michael Jackson's estate's disbursement of nearly $2 million to Katten Muchin Rosenman LLP, Venable LLP and other firms for legal work in 2013, including suing a website for stealing Jackson's intellectual property and negotiating a Cirque du Soleil show based on Jackson's music.
During a hearing on the estate's executors petition for settlement of the estate's third account current, Los Angeles Superior Court Judge Mitchell L. Beckloff said he would approve the fee requests for Katten Muchin, Venable, Greines Martin Stein & Richland LL, Arnold & Porter LLP and Hochman Salkin Rettig Toscher & Perez PC, which totaled roughly $1.9 million for work done from Jan. 1, 2013, to Oct. 31, 2013.
The largest fee request is Katten Muchin's, which will receive more than $1.1 million. The lion's share of that work is the estate's ongoing litigation to void agreements Jackson's former manager, Tohme R. Tohme, obtained before the pop star's death, which accounted for $917,919 of the total fees.
That suit, filed in February 2012, alleged Tohme persuaded Jackson to sign a series of deals that guaranteed compensation and rights far beyond the norm of a personal manager. Jackson's executors John Branca and John McClain asked the court to declare these agreements void and to force Tohme to account for the money and property that he took from Jackson when he was the pop icon's personal manager from early 2008 until a few months before Jackson's June 25, 2009, death.
Among these agreements was a document guaranteeing Tohme a fee of $35,000 per month plus expenses, according to the suit. In addition, the deal provided Tohme with 15 percent of all gross compensation received by Jackson for his services in the entertainment industry, including live performances, merchandising and recorded as well as live telecasts, the suit said.
Katten also represented the estate in its litigation against website Michaeljacksonsecretvault.com, which was using a host of Jackson's intellectual property assets, including copyrights and trademarks, and in it successful defense in arbitration of a creditor's claim for $6.7M against the estate.
Venable, meanwhile, requested $87,165 for its work as lead counsel in the estate's negotiations with Cirque du Soleil to develop and perform a show based on Jackson's life and music. Venable also represented the estate in general corporate matters and tax planning, to the tune of roughly $176,000.
Arnold & Porter represented the estate in brokering deals for several tribute shows, including “Thriller Live!” which toured Europe and is shown in London, the “Forever King of Pop” show in Spain, and the “This Is It” show in Brazil, as well as in suing the organizers of an unauthorized tribute show in England. The firm requested roughly £173,000 ($291,000).
Hochman Salkin requested $163,328 for legal services relating to the estate's tax return rendered for the period from Oct. 25, 2012, to Oct. 31, 2013.
On Tuesday, Judge Beckloff said the pop star's mother, Katherine Esther Jackson had a forensic accountant look at the law firms' accounting, and the accountant, “was satisfied.”
The estate is represented by Howard Weitzman of Kinsella Weitzman Iser Kump & Aldisert LLP, Zia F. Modabber of Katten Muchin Rosenman LLP and Jeryll S. Cohen of Hoffman Sabban & Watenmaker APC.
Jackson's minor children are represented by guardian ad litem Margaret G. Lodise of Sacks Glazier Franklin & Lodise LLP.
Katherine Esther Jackson is represented by Sandra L. Ribera of Ribera Law Firm APC and Perry R. Sanders Jr. of Sanders Law Firm LLC.
The case is In the Matter of the Estate of Michael Joseph Jackson, case number BP117321 in the Superior Court of the State of California, County of Los Angeles.
--Additional reporting by Carolina Bolado. Editing by Chris Yates.
http://www.law360.com/articles/566626/ja…-venable-others
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