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.... wegen nicht gezahlter vermittlergebühren bzgl. Neverland.
Creditor's claim vom 22.05.2015 (geltendmachung von zivilrechtlichen ansprüchen)
Es geht um 4,58 Millionen $ ...
Kläger: Genesis Group International Inc. and its president and CEO, Kevin Kinsey
Beklagte: MJ Estate
Klagegrund: Vertragsbruch; wegen entgangener finanzieller ansprüche
Ursprung : mündliche vereinbarung über zahlung von vermittlungsgebühren; treuhänderkosten
Noch'n prozess ...
Jackson Estate Facing Investors' $4.58M Suit
By WILLIAM DOTINGA
ShareThis
LOS ANGELES (CN) - Investors in a failed bid to refinance Michael Jackson's Neverland ranch sued the King of Pop's estate administrators in state court over an unpaid $4.58 million "finder's fee."
Kevin Kinsey and Genesis Group International sued Jackson's estate administrators John Branca and John McClain in Los Angeles County Superior Court on May 22, over an oral agreement purportedly made with Jackson in 2007 to refinance the singer's Neverland Estate to the tune of $45 million.
While the deal never went through because Jackson didn't sign the necessary papers to close escrow, Genesis says Jackson agreed to pay investors a 10 percent finder's fee - $4.5 million - and escrow costs of $80,000 regardless of whether the refinancing took place or not, according to the lawsuit.
Genesis demanded the money from Jackson in 2008, and filed a claim with the pop star's estate after he passed away in 2009. That claim was denied by Branca and McClain earlier this month, investors claim in the suit.
The investors seek $4.58 million in compensatory damages on claims of breach of contract and common counts of goods and services rendered.
They are represented by Rickey Ivie of the LA firm Ivie, McNeill & Wyatt.
http://www.courthousenews.com/2015/0...4-58m-suit.htm
---------------------------------
Michael Jackson’s estate sued for unpaid Neverland Ranch fees
POSTED BY COLLEEN PARK ON MAY 26, 2015 IN HOLLYWOOD | 205 VIEWS | LEAVE A RESPONSE
Gates to Neverland Ranch of the Estate of Michael Jackson. Photo by Shazari (Neverland Ranch) [CC BY 2.0], via Wikimedia Commons.
Gates to Neverland Ranch of the Estate of Michael Jackson. Photo by Shazari (Neverland Ranch) [CC BY 2.0], via Wikimedia Commons.
A lending company is suing the estate of Michael Jackson for $4.58 million for services connected with the refinancing of the late singer’s Neverland Ranch.
Genesis Group International Inc. and its president and CEO, Kevin Kinsey, filed the breach-of-contract suit Friday in Los Angeles Superior Court.
An attorney for the Jackson estate could not be immediately reached.
The lawsuit states that the King of Pop refinanced Neverland in August 2007 for $45 million. Jackson agreed to pay 10 percent of the loan amount plus fees, totaling $4.58 million.
Genesis paid $46 million into an escrow in January 2008, but the process terminated because the singer did not sign the necessary documents, the suit states.
Jackson did not comply with a demand to pay the fees and escrow costs owed, the suit states. He died in June 2009 at age 50 of acute propofol intoxication.
Genesis filed a creditor’s claim against the estate, but it was rejected this month by John Branca, who along with John McClain is a special administrator of the estate. Both men are also defendants in the lawsuit.
— City News Service
http://mynewsla.com/hollywood/2015/0...nd-ranch-fees/
Im entsprechenden thread von MJJC kann man einiges mehr nachlesen.
Update:
Ivy, MJJC, postete, zit.:
"weitzman statement
An attorney for the Jackson estate denied the allegations today.
“The lawsuit has no merit, these people are not entitled to anything and this is yet another desperate attempt to get money from Michael Jackson’s estate where none is deserved,” lawyer Howard Weitzman said.
“Diese klage hat ist unbegründet, diese Leute sind zu nichts berechtigt und das ist ein weiterer, verzweifelter versuch unverdientes geld vom Michael Jackson Estate einzuklagen" sagte RA Howard Weitzman.
Creditor's claim vom 22.05.2015 (geltendmachung von zivilrechtlichen ansprüchen)
Es geht um 4,58 Millionen $ ...
Kläger: Genesis Group International Inc. and its president and CEO, Kevin Kinsey
Beklagte: MJ Estate
Klagegrund: Vertragsbruch; wegen entgangener finanzieller ansprüche
Ursprung : mündliche vereinbarung über zahlung von vermittlungsgebühren; treuhänderkosten
Noch'n prozess ...
Jackson Estate Facing Investors' $4.58M Suit
By WILLIAM DOTINGA
ShareThis
LOS ANGELES (CN) - Investors in a failed bid to refinance Michael Jackson's Neverland ranch sued the King of Pop's estate administrators in state court over an unpaid $4.58 million "finder's fee."
Kevin Kinsey and Genesis Group International sued Jackson's estate administrators John Branca and John McClain in Los Angeles County Superior Court on May 22, over an oral agreement purportedly made with Jackson in 2007 to refinance the singer's Neverland Estate to the tune of $45 million.
While the deal never went through because Jackson didn't sign the necessary papers to close escrow, Genesis says Jackson agreed to pay investors a 10 percent finder's fee - $4.5 million - and escrow costs of $80,000 regardless of whether the refinancing took place or not, according to the lawsuit.
Genesis demanded the money from Jackson in 2008, and filed a claim with the pop star's estate after he passed away in 2009. That claim was denied by Branca and McClain earlier this month, investors claim in the suit.
The investors seek $4.58 million in compensatory damages on claims of breach of contract and common counts of goods and services rendered.
They are represented by Rickey Ivie of the LA firm Ivie, McNeill & Wyatt.
http://www.courthousenews.com/2015/0...4-58m-suit.htm
---------------------------------
Michael Jackson’s estate sued for unpaid Neverland Ranch fees
POSTED BY COLLEEN PARK ON MAY 26, 2015 IN HOLLYWOOD | 205 VIEWS | LEAVE A RESPONSE
Gates to Neverland Ranch of the Estate of Michael Jackson. Photo by Shazari (Neverland Ranch) [CC BY 2.0], via Wikimedia Commons.
Gates to Neverland Ranch of the Estate of Michael Jackson. Photo by Shazari (Neverland Ranch) [CC BY 2.0], via Wikimedia Commons.
A lending company is suing the estate of Michael Jackson for $4.58 million for services connected with the refinancing of the late singer’s Neverland Ranch.
Genesis Group International Inc. and its president and CEO, Kevin Kinsey, filed the breach-of-contract suit Friday in Los Angeles Superior Court.
An attorney for the Jackson estate could not be immediately reached.
The lawsuit states that the King of Pop refinanced Neverland in August 2007 for $45 million. Jackson agreed to pay 10 percent of the loan amount plus fees, totaling $4.58 million.
Genesis paid $46 million into an escrow in January 2008, but the process terminated because the singer did not sign the necessary documents, the suit states.
Jackson did not comply with a demand to pay the fees and escrow costs owed, the suit states. He died in June 2009 at age 50 of acute propofol intoxication.
Genesis filed a creditor’s claim against the estate, but it was rejected this month by John Branca, who along with John McClain is a special administrator of the estate. Both men are also defendants in the lawsuit.
— City News Service
http://mynewsla.com/hollywood/2015/0...nd-ranch-fees/
Im entsprechenden thread von MJJC kann man einiges mehr nachlesen.
Update:
Ivy, MJJC, postete, zit.:
"weitzman statement
An attorney for the Jackson estate denied the allegations today.
“The lawsuit has no merit, these people are not entitled to anything and this is yet another desperate attempt to get money from Michael Jackson’s estate where none is deserved,” lawyer Howard Weitzman said.
“Diese klage hat ist unbegründet, diese Leute sind zu nichts berechtigt und das ist ein weiterer, verzweifelter versuch unverdientes geld vom Michael Jackson Estate einzuklagen" sagte RA Howard Weitzman.