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Michael Jackson Merchandise Hearing

8/17/2009 7:00 PM PDT BY TMZ STAFF

The lawyer for Michael Jackson's kids is set to appear in court for the first time today, as lawyers for the estate and Katherine Jackson's lawyers try to reach an agreement on merchandising all things Michael.

UPDATE 7:10 PM -- And we're done for the day. Biggest headline -- the judge has approved a major Jackson merchandising deal, but there is still one more deal (with AEG for a Jackson memorabilia tour) to be decided upon.

UPDATE 7:03 PM -- The judge has set an evidentiary hearing for Friday -- so the AEG deal won't be approved (or denied) until then.

UPDATE 6:45 PM -- An attorney for AEG says the company wants the deal taken care of this week.

UPDATE 6:41 PM -- And we're back on the record.

UPDATE 6:34 PM -- The judge has ordered a short recess in the hopes all sides can reach an agreement on the AEG deal today.

UPDATE 6:32 PM -- The lawyer representing Jackson's kids isn't sure the AEG deal is the best deal out there.

UPDATE 6:24 PM -- One of the lawyers for the special administrators is worried that if the AEG deal isn't approved soon, AEG will pull it off the table.

UPDATE 6:15 PM -- All parties involved continue to express the time constraint they are under -- everyone wants the deals done ASAP.

UPDATE 6:10 PM -- The attorney for the kids just said she is not objecting the AEG deal.

UPDATE 6:05 PM -- An attorney for Katherine just suggested the lawyers for estate have pulled the guardian ad litem towards their side.

UPDATE 5:58 PM -- The deal with Bravado, to produce various different kinds of Jackson memorabilia, has been approved. This deal will generate millions of dollars for the Jackson estate.

UPDATE 5:50 PM -- Howard Weitzman, the attorney for the special administrators, has stated that one of the beneficiaries approves the AEG deal (to put on a Jackson memorabilia tour), but one is against it. We've been hearing Katherine is not happy about the arrangement, so she is probably the one who has objected.

UPDATE 5:35 PM -- The judge has set a tentative date (September 9) to hear Katherine's safe harbor petition. What that means is that Katherine wants to file an objection to the special administrators, but doesn't want to do so if it would be considered protesting the will. Jackson's will contains a no-contest clause -- meaning anyone who challenges it loses their inheritance rights.

UPDATE 5:30 PM -- The judge said that if it weren't for Katherine Jackson's procedural posturing, both parties would not have to spend as much time in court.

UPDATE 5:13 PM -- The judge said he agrees with Lodise -- there needs to be a simpler process put in place so the special administrators of Jackson's estate don't have to go before the judge to do every single thing.

UPDATE 5:11 PM
-- The judge wants to come up with a trial date for Katherine Jackson's objection to the permanent appointment of the special administrators.

UPDATE 5:10 PM -- Margaret Lodise, the guardian ad litem for Jackson's kids, has submitted a report to the court.

UPDATE 4:57 PM -- The lawyers are getting into place.

UPDATE 4:47 PM -- Claire Elisabeth Fields Cruise, the woman who claims to be the bio mom of MJ's kids, is in the courtroom. Let the fun begin!

Michael jackson Launch photos
214 COMMENTS

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91.

socalgal    

You know its Joe and his attorney Londell whatever putting Katherine up to this. The executors are businessmen who know what MJs estate can earn. Katherine probably never worked in business a day in her life. I'm not criticizing her. She was the mother of nine. But that doesn't qualify her to run an estate. You know it's that old snake Joe. I doubt the judge will take her seriously.
I'm glad they have a seperate executor for the kids interest in the estate.

1801 days ago
92.

who the hell    

MARV!!!
My mother ok I love her take care etc but I assure you it is out of aa duty I feel my mom was not the best in any sense of the word she was an abuser she was raised partly in an orphanage where back in the 30's they beat kids for what ever reason where ever with what ever she told us horror stories about being Beaton with rubber hoses I digress Any way In my most Humble opinion I think Michael took care of his mother because the guilt of knowing she was having to do without would be much more costly to him than the $$$$ itself. Michael was not close to anyone in his family proven by the fact that not one of the family is ever visible in any of the family videos. Michael loved his family at a distance which is what I do my money is applied toward mothers care but I do not spend time talking too nor visiting with her since my dad died Who by the way was a saint for staying with mother. I digress again I am 52 sue me!LOL

1801 days ago
93.

socalgal    

There are already too many cooks in the kitchen. Nothing is getting done because they can't agree.

1801 days ago
94.

griscomm    

Hey guys,

I looked at the will again, and I noticed someting strange: the names
of both boys aren't right, also not in the probate petition.

The will and the petition have the names:

Prince Michael Jackson Jr. - according to the BC of Prince you
released earlier this should be Michael Joseph Jackson Jr.

Prince Michael Joseph Jackson, II - - according to the BC of Blanket
you released earlier this should be Prince Michael Jackson II.

So I'm confused, please explain this?

Greetz,

V

1801 days ago
95.

LakersFan    

TMZ it's disgusting to see the pictures you deliberately use on your stories of Michael Jackson to make him appear passed out or high. It is obvious you guys took a still image while he blinked. You had to go out of your way to make him look bad but about 80% of your employees that appear on the show look like crap everyday.

1801 days ago
96.

who the hell    

Posted at 6:39PM on Aug 17th 2009 by KRAZY KOOKY KLOWN

You have got to be from the south.

1801 days ago
97.

23390f74    

Katherine doesn't want to lose her 40%. That is why her no-contest petition is merely asking the judge the question "if she contests will she lose her 40%"? She is asking for a yes or no answer. If the judge will just say YES she will lose her 40%, then that will stop that petition and move things on faster.

Katherine is being milked financially by McMillian (her attorneys). The more she/they can appear in court for frivilious objections, the richer her attorneys get. There already is a petition filed against Katherine, Joe & Jermaine for $8M from a company in Asia for a performance contract they backed out of, but kept the upfront money given to them. That means Katherine will have to pay out $8M of her 40% when the estate monies are disbursed. Joe and Jermaine will get a free ride off that one.

Judge, please start striking Katherine's objections. She already gets copies of paperwork from the executors. She certainly should not become an executor. She will slow everything down and the creditors have been waiting long enough.

1801 days ago
98.

LucyInTheSky    

KATE never helped MJ make the $$$$$$$$$$ in the past 30 years.
But she sure knew how to spend them.

1801 days ago
99.

just sayin    

i understand katherine's needs to watch over her son's estate but seriously she needs to back off and let branca do his work , she's far too old to be thinking about managing her late son's large estate. it's most likely that jermaine would be chosen as the third administrator and we all know what would happen to mj's estate if that happens. branca is probably the best person to manage that estate as he's been not only a good business advisor for michael but also a loyal friend, i mean he negotiated the thriller video deal, the beatles catalogue, neverland ranch and so many others. it was when mj fired and dileo him in 1993 that things started to turn sour. it think mj hired them back for the this it tour because he knew they were the only ones he could trust to mange his money for him.

people should read the rolling stone's articles back in the 80's and they'll understand ehy he chose branca
http://www.rollingstone.com/news/coverstory/28852269

1801 days ago
100.

Della    

48. 5:30PM...the Honorable Judge is tellingitlikeitis

Your Honor, I move that you please section Catfish and Kate to an old folks home immediately. I believe that they are both whacked out and their behavior has and will cause undue and irrep.. irrepre..irp. ok.. damage to the chilren. They are trying to get the cash and spend it...your honor..

1801 days ago
101.

LucyInTheSky    

I don't like the Jackson "clan".
for valid reasons

1801 days ago
102.

taje    

why cant Michael buried at Netherlands, it his place i wish he could buried like bob Marley where fans can go and see him in Netherlands

1801 days ago
103.

balls    

are you gay if you like putting matchbox cars up your bum hole?

1801 days ago
104.

LucyInTheSky    

106..Della...ROFL
that'a girl..go get 'em but don't forget to smile.
:)
they're so despicable

1801 days ago
105.

Jennifer    

TMZ: Michael is HOT, these photos are NOT! Would you PLEASE post a picture that we can enjoy??? (No doubt there are several votes for the gold pants . . . )

1801 days ago
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