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Michael Jackson AEG Hearing

8/21/2009 8:10 PM PDT BY TMZ STAFF

Michael JacksonSeveral witnesses expected to take the stand today as lawyers for Michael Jackson's estate -- as well as lawyers for Katherine Jackson and Michael's kids -- give testimony about the proposed deal with AEG about a Jackson memorabilia tour.

***KEEP REFRESHING FOR THE LATEST***

UPDATE 7:21 PM ET
-- The petition has been approved!!! The AEG deal is done, the memorabilia tour will happen. Finally. The three-city tour could earn as much as $6 million for the estate.

UPDATE 7:20 PM ET -- An attorney for Katherine wants more protections in the agreement to protect the estate and Michael's legacy.

UPDATE 7:14 PM ET -- The attorney for Michael's kids is in favor of the AEG deal.

UPDATE 7:07 PM ET -- And we're back!

UPDATE 5:50 PM ET -- The court has been closed again as one of the senior lawyers for AEG has taken the stand. Outside of court, Taj told reporters the family is more interested in protecting Michael's legacy than in making money. He also told Taj that he planned to do film after the London tour.

UPDATE 5:16 PM ET -- And we're back!!! Tito's son Taj is set to take the stand.

UPDATE 4:50 PM ET -- Court is back in session -- but still closed to the media. But it should be opened back up after the current witness is done.

UPDATE 3:20 PM ET -- John Branca has finished testifying via phone and they've adjourned for lunch. Testimony will begin again in about an hour -- but it is unclear whether the judge will re-open the court. Stay tuned.

UPDATE 1:51 PM ET -- Waiting patiently ...

UPDATE 1:26 PM ET -- The judge will re-open the courtroom after John Branca testifies via phone.

UPDATE 1:21 PM ET -- It happened -- the judge closed the courtroom.

UPDATE 1:15 PM ET -- Tito Jackson's oldest son Taj is in the courtroom.

UPDATE 1:10 PM ET -- The judge is considering closing the courtroom because confidential documents will be discussed.

UPDATE 1:06 PM ET -- AEG is upset because Leonard Rowe, who was expected to testify as an expert witness for Katherine, will not testify -- but he was shown confidential documents as part of disclosure. AEG's lawyers also say those docs have not been returned.

UPDATE 1:00 PM ET -- Change of plans already -- Randy Jackson will not be called as a witness, according to an attorney for the estate.

UPDATE 12:58 PM ET -- Lawyers for all sides -- AEG, the co-administrators, Katherine Jackson and Michael Jackson's kids -- are all in place.

Michael jackson Launch photos
1113 COMMENTS

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1.

confucius    

this is the merchandise website. http://michaeljackson.shop.bravadousa.com/Default.aspx
btw alot of people would see his memorabilia , however sir when you die no one will care.

1891 days ago
2.

Em    

Smooth Criminal. Are you a mother or a parent of any children over the age of 20? Has your life been affected by any kind of drug use, court system, legal affairs? Are you a close and personal friend of the Jacksons? The Jacksons did not "teach" their children to live off of others or be deadbeat dads. All the Jackson children were given the schooling, guidance and skills to earn a living and as far as I can figure, they all do in one way or another, successfully or not. When my young adult children make stupid mistakes or challenge the system, it wasn't something I taught them to do. One thing I have never seen is Michael complaining about the "leeching" of his family - perhaps it was just his good manners or perhaps it didn't matter to him as long as family was taken care of. At the end of the day, it has always been his family that has stepped up. Dysfunctional? Perhaps. But I challenge you to find a family that isn't in one way or another. As for the family not helping Michael and his addictions, etc., one of my grown children has been a functioning street drug addict for the past four years. This certainly wasn't a part of her upbringing. Her life is tumultuous, frightening and not at all enviable, however, she can still pull the wool over my eyes when my guard is down. Michael had a lot of enablers around him with starstruck eyes and dollar signs aplenty that helped push his family aside. This whole story is far more complicated than we can imagine. (Thanks, I needed to vent.)

1891 days ago
3.

Smooth Criminals    

149. IMO Katherine had Michael wrapped around her little finger and he never quite got what a manipulator Katherine is.

Posted at 3:56PM on Aug 21st 2009 by Smooth Criminals

I think he did and that's why his will has the 'no contest' clause.

Posted at 4:02PM on Aug 21st 2009 by jeanne

********

I think Michael knew she was no one to give a "seat at the table" to. I meant in regard to being guardian of his children. Katherine not only supported her husband in abusing her children, she still minimizes the abuse today. From what I've read in Katherine's mind the Jacksons can do no wrong.

IMO a mother who stands by and lets her husband abuse their children so those children can support them is no better than the abuser.

I don't think Michael ever saw how his mother contributed to the abuse by not stopping it. He only saw what Joe did and didn't see how Katherine played into it.

Those who say it was another era is B.S. because even now they don't own up to it and say it was wrong.

1891 days ago
4.

just sayin    

hmmmmm i see KING OF PILLS a.k.a MJ IS A FREAK a.k.a MJ SUCKS a.k.a PMRevealed is at it again, Using different names to ramble on about the same old thing yet again, and replying to his own posts, lol talk about really PATHETIC. you really have a lot of time on your hands to be posting so much bull****, the freak probably doesn't get any attention inlife and feels the need to spend all day on a board preaching about the same old thing even though no one cares to listen. LMAO.

piece of advice: it doesn't matter how many times you change your username, you'll always be recognised, as you sound the same on every single posting. always spewing hatred, no other person has that much time on their hand to be posting so much hate about a dead man. you should try sleeping cos it seems like you haven't had any rest whatwith your day and night long posting. lol

1891 days ago
5.

HATERS ARE DESPERATE!    

151.
ONE OF MICHAEL'S KILLER SHOULD BE FIRE

gopetition.com/petitions/fire-martin-bashir.html




JUSTICE FOR MICHAEL

gopetition.com/petitions/fire-martin-bashir.html




AGAINST YELLOW JOURNALISM

gopetition.com/petitions/fire-martin-bashir.html






Posted at 4:09PM on Aug 21st 2009 by yelena, france

--------------------------------------------------


THANK YOU!!!

BASHIR blatantly betrayed Michael!

BASHIR'S own SICKENING comments revealed his own DEMENTED mind!



1891 days ago
6.

donise121    

It is sad to say, but at some point in time in this whole saga, it will get to the point..."oh well, what is a few more million."
AEG IS, repeat IS going to recoup all of the money they lost when the concerts didn't take place. Whether they get them from this memorabilia tour or something else, they will get their money. The MJ deals that Team Branca will be approving will keep on coming. It seems that Katherine is arguing the amount of the percentage that AEG will be getting, no whether the memorabilia tour should take place. Katherine, please let them win this one and move on. You will receive 40% of the remaining 50%. That is still a lot of money...the tour will rake in millions.

The only bad thing about an inevitable wrongful death suit, I think is that one side, most likely the defense will call the Jackson kids to testify and that would be tragic.

1891 days ago
7.

facingrealit    

This all boils down to Katherine trying to figure out how to get more money out of the estate for Joe and the Jackson brothers....period. As the will stands today, only Katherine, the children and charities profit from MJ's estate. Katherine is UNABLE to will her 40% to ANYONE as upon her death her share reverts to the children. What a lot of people are not understanding is Katerine is NOT GETTING 40% total but 40% of the INTEREST that is accurred on the total estate. Even though that is a lot of money it is not like she gets 40% of the estate, so in all actuality that is not ENOUGH for Katherine to take care of Joe, or her sons and their children.

Most likely a lot of Katherines money will be held up to cover debts of her and Joe, there is also a child support order against her (Jermaines two sons with Margaret) that could increase with her new wealth and several business dealings her name is attached to. So Katherine is trying to get a seat at the table so that the family can funnel money out for when she dies - the MJ taking care of family party is OVER!

1891 days ago
8.

donise121    

150. Prince Michael cannot be a part of the executor team. 1) He is a minor, 2) As a minor he cannot have fudiciary responsibilty legally and 3) he is a beneficiary of the estate. Katherine is paying Team McMoney to look out for her interests and the only interests I see being looked out for are those of Team McMoney and his law firm.

I would like to see the reaction on Katherine's face when she gets her first bill from her legal team. At $500 + bucks an hour it is adding up, but I am sure her allowance will be sufficient to handle it.

1891 days ago
9.

leah    

# 156 Em: wise and true words, thanks for a really sane posting!
And I wish you and your daughter all the best!

1891 days ago
10.

HATERS ARE DESPERATE!    

157. hmmmmm i see KING OF PILLS a.k.a MJ IS A FREAK a.k.a MJ SUCKS a.k.a PMRevealed is at it again, Using different names to ramble on about the same old thing yet again, and replying to his own posts, lol talk about really PATHETIC. you really have a lot of time on your hands to be posting so much bull****, the freak probably doesn't get any attention inlife and feels the need to spend all day on a board preaching about the same old thing even though no one cares to listen. LMAO.

piece of advice: it doesn't matter how many times you change your username, you'll always be recognised, as you sound the same on every single posting. always spewing hatred, no other person has that much time on their hand to be posting so much hate about a dead man. you should try sleeping cos it seems like you haven't had any rest whatwith your day and night long posting. lol

Posted at 4:32PM on Aug 21st 2009 by lol

--------------------------------------------

Well stated! THANK YOU!


1891 days ago
11.

ME    

piece of advice: it doesn't matter how many times you change your username
Posted at 4:32PM on Aug 21st 2009 by lol
-------------------
SAMETHING GOES FOR YOU AND GET IT RIGHT. WE ARE NOT THE SAME PEOPLE SO GET IT RIGHT. TALK ABOUT DUMB. MJ WAS AND DIED A DRUG ADDICT........

1891 days ago
12.

HumanNature    

Did anyone know that Frank Delio been appointed to the board of Sony/ATV Music Publishing?????

Did anyone know that AEG try to sue MJ right before they reached this agreement because he tried to back out of the deal???

Wasn’t it reported that AEG couldn’t get cancellation insurance on MJ, which meant that had he cancelled, they wouldn’t have gotten ZILCH???

1891 days ago
13.

ME    

Posted at 4:32PM on Aug 21st 2009 by lol
----------------------
MY STALKER IS BACK. THIS GIRL IS OBSESSED WITH ME.

1891 days ago
14.

donise121    

Facing Reality...thanks...very enlightening post. Can you shed some light on why Katherine would have a judgment against her for child support for one of her grandchildren? Seems a bit strange?

1891 days ago
15.

ME    

Posted at 4:32PM on Aug 21st 2009 by lol
--------------------------
MY STALKER IS BACK. THIS GIRL IS OBSESSED WITH ME. Hmmmmmmm

1891 days ago
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