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Firm Sues Jacko

Reveals His Crushing Debt

7/31/2006 12:37 PM PDT BY TMZ STAFF


2012-0502-mj-redoMichael Jackson's seemingly endless legal woes continue to mount, as a Los Angeles law firm has filed a lawsuit against Jackson, alleging that the erstwhile King of Pop owes them over $200,000 in legal fees for services rendered during 2005.

In the lawsuit, filed July 25 in L.A. County Superior Court and obtained by TMZ, the firm of Ayscough & Marar (and, more specifically, attorney Brent Ayscough) says that it was hired in February 2005 by the performer to provide legal services during his child molestation trial, amongst them obtaining "orders sealing civil cases from the press" and "orders staying discovery" in those civil cases while the criminal trial for molestation was still going on. One of those cases, was the suit brought against Jackson by former business associate F. Marc Schaffel, the trial for which ended recently with a split decision. By the summer of 2005, says Ayscough in the lawsuit, "Nearly all my time was spent on Michael Jackson cases."



Up until mid-2005, according to the lawsuit, Jackson -- whose legal bills were being administered by business adviser Ron Burkle -- paid his bills on time. However, once the legal fees were being handled by Mesereau & Yu, the firm whose partner Thomas Mesereau was Jackson's lead counsel in the criminal trial, the payments dried up. Ayscough & Marar allege in the lawsuit that Mesereau & Yu were paid $2.6 million, which they claim was to be spread around several law firms doing work for Jackson. But Ayscough & Marar say they haven't seen any of that money. (Mesereau & Yu are not named as defendants in the case.)

Besides detailing the payments that Ayscough & Marar claims it is owed, the lawsuit also describes significant debts owed by Jackson, including over $300 million to Fortress Investment Group, over $1.6 million to his brother Randy, and several million dollars to various lawyers.

Click here to read the lawsuit.
19 COMMENTS

No Avatar
1.

Ykon    

Ugh! ::hurls:: ::splash:: ouch...that hurt my stomach. His face induces vomiting!

2890 days ago
2.

Jaclyn    

Bye Bye NeverLand!!!

2916 days ago
3.

Jay    

Jacko wih no funds and living amongst us. Can you imagine?

2916 days ago
4.

Keepin' It Real    

Can't say as I am particularly surprized. It's pure economics... going belly-up is inevitable (even if you are Michael Jackson) when you live in a "fantasy world" & try to continue to LIVE THE LIFE when you aren't making bank anymore. Michael... note to self... TIME TO GET A REAL JOB/LIFE.

2915 days ago
5.

Karen Kaufman    

It's all about karma. Michael spent a good deal of his career fooling the public into thinking he was a nice human being. All of that evil is coming back to bite him in the ass now.

2915 days ago
6.

veeno    

so for $200K he writes all that stuff? Most of the cases he mentions are already over and done with. His debt with Fortress is no longer with fortress but someone else and it is refinanced and going ok. The Precient and Dieter cases were filed but no responses yet so that is just their word not the defenses word and this lawyer see's fit to mention all this here? Hmmm.................. he must have been fired.

I mean MJ should pay his debts yes but why the drama? File a suit and say I am owed $200k and here is what for, attach your proof and let the defendent pay it or let the judge pass judgment and ask for the amount to be paid.......

To attach all the other stuff that has nothing to do with this case is a shame.... really...

Most people are in debt all the time from credit cards maxed out to mortgages etc MJ is no different although his bills are much higher than the rest of the world...... most stars are sued and are in debt for things too but there isn't as much drama attached to it as MJ..... what happened to people taking the high road?

If i was that lawyer I'd go to court and say here's what I'm owed, here's the proof of work and let the judge deal with it, attaching all the other stuff is just cheap... whehter you like MJ or not...

2915 days ago
7.

the wise old owl    

MICHAEL JACKSON WOULD NOT BE DEBT IF HE DIDN'T PERFER THE COMPANY OF ADOLESCENT BOYS. THOSE BOYS HE ABUSED WERE THE MOST EXPENSIVE BAD HABBITS HE HAD. IF HE WOULD HAVE KEPT HIS ZIPPER UP. HE WOULD STILL BE IN THE BLACK ( no pun intended )

2915 days ago
8.

bcs    

Face it Michael - you're a washed up has been, a pervert and a disgusting thing to look at!!!!!

2915 days ago
9.

bcs    

I'm LMAO, "he's just another pervert" - WTG

2915 days ago
10.

laura bush 2008    

Mikee Jackson... you are nothing! you are a young boy preditor and a penis puffing faggot-- you are a discusting waste of sub-human feces ----- you deserved the death penalty you piece of garbage pervert!!

2915 days ago
11.

jane doe    

Just look at the way he was spending money in that documentary a few years ago. He was buying hundreds of thousands of dollars worth of gaudy crap for his house. Now he isnt making that income anymore and he still wants to live that same lifestyle. You can't have it both ways, he needs to deal with reality.

2915 days ago
12.

TENIKA    

The people that say such mean things about him act like they dont listen to his music such hypocrites! Maybe the reason he looks the way he looks today is people bringing him down and please w/ the pervert crap because the only reason he became a pervert is WHEN HE STOP PAYING THE LITTLE BOYS FAMILES so please if ur gonna talk crap dont listen to his music cause everyone knows here that mj could never be a has been, theirs people still crying and screaming for him around the world when he appears.

2915 days ago
13.

Again and Again    

To Kitty above - wake up. People like Michael Jackson prey on the mentally unstable. Do you think any parent with common sense would allow their children to spend the night with an adult man. It's a sad day in law when a wacky mom gets the attention away from a molested child. Just remember the documentary with the child being held tightly by MJ. Does anyone think that is not sick! I would freak if anyone held my boys in that matter. If you don't think where there's smoke there is fire in this situation with Michael J. than I know a Neverland that you can buy cheap.

2914 days ago
14.

Entertainment Reporter John McQuilkin    

He's got to sell Neverland. At one time he was employing more than 120 people there. Now it's down to like 80. One of my sources was neighbors with the Train Conductor on his property. According to him, Mike was a great boss and once a year threw a big party for all the employees and their families.

2913 days ago
15.

Laura    

Attention comment authors 3,4,5,6,7,8,9,10,11,12, and 13.....



Michael Jackson is dead.Please go back and read your posts...the man died...he'd dead, HE no longer lives. There's no karma, no reality, no death sentence, no living among us broke, no need to advise him to pay his bills. HE's DEAD... you guys just won't let him be dead.

1491 days ago
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