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Money, Custody on Line in Jackson Hearing

8/3/2009 5:40 PM PDT BY TMZ STAFF

Michael Jackson Hearing4:54 -- During the lunch break John Branca said Jackson's estate has reached a settlement with AEG -- re: merchandising and rehearsal footage.

4:49
-- Katherine Jackson just withdrew her petition asking that she be put in charge of the estate. This petition was filed before she knew a will existed. The issue now -- will she oppose the appointment of Branca and McClain.

4:40 -- The Jacksons have all filed back into court and the judge has taken the bench.

3:00 -- The judge just admitted Jackson's 2002 will into probate. The will names John Branca and John McClain as co-executors. We know Katherine has a beef with that. The question -- will she challenge the co-executors or possibly ask that she be named as a third executor. Court is in recess for an hour-and-a half. Stay tuned.

2:50
-- The judge has ruled that AEG has to provide a copy of their contract with Michael to Katherine Jackson.

2:32 -- The judge has taken the bench.

2:28 -- Family members have begun to file back into the courtroom. The judge has yet to come back.


Michael jackson Launch photos

1:03 -- The judge has called for a 30-minute break.

12:55 -- The judge decided on the lesser amount because of concerns about duplicate expenses for the monthly allowance approved for Katherine.

12:42 -- The judge has just granted 83.5% of what was requested for the children's allowance. Specific amounts were not discussed.

12:41 -- The lawyers are now discussing the allowance for Jackson's three kids.

12:40 -- Debbie Rowe will have visitation rights with her two kids and will continue getting spousal support based on the agreement she struck with Michael several years ago.

12:39 -- The judge granted Katherine a financial allowance for six months retro from the time Michael died. The amount of the allowance wasn't discussed in open court.

12:37 -- The judge just named Katherine permanent guardian of all three kids.

12:26 -- Debbie Rowe's lawyer, Eric George, just said he won't object to Katherine being appointed temporary guardian, but permanent guardianship could be delayed. It's curious given the supposed settlement between Debbie and Katherine.

12:24 -- The judge just said Klein has no legal standing to lodge an objection ... that Michael Jackson and Debbie Rowe are the parents.

12:18 -- The judge wants to know what legal standing Klein has -- this could force the issue over whether he's the daddy.

12:17 -- Get this. Mark Vincent Kaplan (K-Fed's lawyer) just showed up on behalf of Dr. Arnold Klein. Kaplan says Klein has a long-standing commitment to Michael Jackson and has concerns about Joe Jackson being involved with the children. There are reports Klein is the father, but he hasn't confirmed or denied.

12:14 -- The judge is on the bench. He'll be dealing with the guardianship settlement between Katherine and Debbie Rowe first.

12:00 ET -- Rebbie Jackson, Michael's older sister, has just showed up. We're told, day to day, she'll be the one taking care of Michael's kids.

11:56 AM ET -- Katherine, Randy and La Toya were escorted upstairs to the courtroom. La Toya is wearing a black jacket, slacks, and a white blouse. Katherine is wearing a brown suit, looking calm ... and chewing gum.

11:46 AM ET -- Randy just showed up.

11:45 AM ET -- Katherine and the lawyers are inside the courtroom. Two of Michael's sisters and one brother are also expected. The hearing is expected to begin shortly.
1174 COMMENTS

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16.

Donna    

Stop saying what a horrible mother Debbie Rowe was, (surrogates do it all the time and people think they are wonderful) and what a great father MJ was....he had the house of horrors going on while his children were there.

1815 days ago
17.

Whatajoke    

Class act...2 of the vampire sisters after the bucks, & .Katherine Jackson chewing gum in court....."yep, you dun raised dem chilin rite Katy"............

1815 days ago
18.

Time for payback...    

Prayers for Michael's family... especially his mom and children. RIP Michael.

1815 days ago
19.

GrossGrossGGGGross    

"has just SHOWN up" not "has just showED up"
oy vay

1815 days ago
20.

BrancaFan2    

To Chico, tellitlikeitis, Della, Deb, HumanNature, Mullins, and all others I have more hateraid for you.

If you get embroiled in pointless flamewars you lose your credibility. Keep your focus and stay on point Don't feed and water the trolls. If they get out of line, backoff. 'k?

Also tellitlikeitis, you know I'm one of your biggest fans. I love me some fresh fried catfish, but you need to lay off Katherine. All of us really don't know what went on in the household. We are observers looking in on what we perceive as a toxic abusive environment. If you saw yesterday, your words are hurting the Jackson grandchildren. Flame to your heart's content on ole catfish face, but Michael loved his mother. Joseph deserves the same kind of abuse that he heaped on his family. Bullies can't take what they dish out. Just as it is not their place to question Michael's final wishes, it is not our place to question his love for her and his willingness to take care of her. Show her respect simply because he loved her.

Peace!

1815 days ago
21.

marie j    

can you guys poost picture of randy please i wonder what he looks like these days in clkops up lol

1815 days ago
22.

John    

Chewing gum in court is disrespectful. She shouldn't get custody. Case over.

1815 days ago
23.

Cali MJ Fan    

Amen TEAMBRANCA on the comment about control over distribution. I am hoping that Judge Beckloff appoints 1 or 3 guardian ad litems for the children. Ther eis no way that the Jackson family is responsible enough to care for the rights and welfare of those children without thinking of what's in it for them!

Thank goodness at least Paris and Prince are a bit older-- meaning that a) they can speak their own minds (and I bet they will), and b) that they are only going to be under this family legally for a short time (unlike Anna Nicole's daughter). Maybe at that time, they can get Blanket out of there somewhere. He'd be old enough then to speak on his own.

As for Katherine and McBillions trying to get a seat at the table... I say DISINHERIT her! I don't trust McBillions for even a second!

1815 days ago
24.

junior    

NOT POSTING COMMENTS THAT DO NOT SUPPORT AEG LIVE/ SONY RECORDS/ TOMMY MATOLLA NOR THE MULT-BILLION CORPORATIONS THAT PAY YOUR SALARY IS CENSORSHIP AND AGAINST THE PUBLICS FIRST AMENDMENT RIGHT OF FREEDOM OF SPEECH! THIS IS TOTALLY UNCONSTITIONAL. MORE LIKE MARTIN BASHIR'S BIASED ASS JUDGEMENTAL REPORTING!

1815 days ago
25.

MrPurdue    

chewing gum? thats reason enough to give the kids to debbie rowe.

1815 days ago
26.

TEAMBRANCA    

Last post for a while. But I find it interesting Janet is NOT there. Perhaps she sees what is in store for her estate.

Just a thought...or maybe she is just busy working on her movie

RIP michael

1815 days ago
27.

junior    

MICHAEL JACKSON’S LAST WILL AND TESTAMENT WILL BE PART OF THIS MURDER CONSPIRACY THAT MURDERED MICHAEL JACKSON!

People fail to realize that not one person from MJ's family is in control of his Will and his Estate . Whoever is in charge of MJ's Will, will be in charge of his money and assets. Those people are the Executors of the Will and the Trustees of his Estate who conveniently are only Lawyers John Branca and John Mcclain, and Barry Siegal ( Whom may have pulled himself out). Why are they blocking Katherine Jackson from being a Executor and Trustee of the Estate of her own Son, Michael Jackson? Because the executors of MJ's Will and The Trustees of Estate(who are all the lawyers listed above)controls how MJ's Publishing rights, Neverland Property and any money is divided up, to whom his land and assets is sold too and how it is divided up. EXECUTORS AND TRUSTEES can even open up new companies of their own and close old companies without permission from MJ’s Mother or Father. If they lets say don't want to give his mom and children money, they do not have to because they are the sole controllers of the Will and the Family Trust. The most likely argument they would present through the media that MJ debts out weighed his assets by the way of undervaluing his assets and increasing his debts. This is why this WILL seems like a part of the Conspiracy that Murdered Michael Jackson. Because there is know way, MJ was in a sound state( free of drugs) of mind he would put only attorneys instead of his Mother (whom he loved so much) as the only executors to his will and the only trustees to his Estate. It seems Criminal that any court in America would not question this.
If you don't believe me that Executors and the Trustees control MJ’s Estate read a copy of MJ Last Will and Testament and The Michael Jackson Family Trust on the Internet or on CNN.Com for yourself !

1815 days ago
28.

Sad    

The estate - Branca, two time named lawyer in Michael’s both wills 1997 and 2002.

The children - Katherine with no visitation rights from any one, don’t split up the kids by letting two of them see Debbie.

1815 days ago
29.

Serious    

I hope that the judge agrees to the custody agreement and rejects the part that indicates that she will continue to receive monetary support, that is Debbie Rowe. It adds up to selling. What does that have to do with a custody agreement? That should be litigated with the trustees.

1815 days ago
30.

Whatajoke    

Wonder how long it will be before MJ's executors remind mama Jackson & the vampire siblings they are getting dangerously close to contesting the will...which leaves each of them a buck!............love those clauses.

1815 days ago
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