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Courtney Love's Bank

Has Trust Issues

9/28/2009 3:01 PM PDT BY TMZ STAFF

Courtney Love's Bank Has Trust IssuesCourtney Love is having trouble gaining access to her daughter's hefty trust fund -- and it's all because the bank claims she's not the only one trying to access the cash.

The First Republic Bank filed papers in federal court in San Francisco last week, claiming there's a dispute over who can access the funds in Frances Bean Cobain's trust -- Courtney or the Laird Norton Tyee Trustee Company.

The bank put a hold on all withdrawals from the trust -- worth over $1.2 million -- until the court can sort out who's really in charge.

Love's attorney, Keith Fink, calls the filling "childish and vindictive" -- telling us Courtney and the trustee agreed to move the $1.2 mil to a different bank ... but FRB doesn't want to lose such a large account, and just filed the papers to stall the transfer.

34 COMMENTS

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1.

Phishsteak    

The trust probably has her age set as 21 or maybe even 25 or 30 before she gets full control of it herself. At this rate, she will have nothing left. Usually there are multiple parties that have to give the ok for withdrawals, checks and balances, if you will, to prevent theft. And the withdrawals are usually only for the benefit of the child, such as education, housing, clothes, etc. I'm shocked at the remaining amount. What about the rights to his music? Who gets the royalties? Someone better step in quick for her benefit. This girl may end up writing a tell- all book to try and make money one day.

1829 days ago
2.

me    

Are you kidding me!!!? Who hasn't done their homework! Courtney and the Cobain Trust are worth , well come on people!!!! 1.5 million, this is a ridiculous piece of crap to obtain readers. PLEASE!!!!!

1828 days ago
3.

suzy    

sucks to see Frances been screwed by her mom
by the time she grow up theres be nothing more left for her in the trust :(

1828 days ago
4.

Angry Democrat 'Sky Blu' from LMFAO attack GOP Romney on Purpose .    

According to Daily News , Courtney Love is going to perform for Latin American fascist Leader Hugo Chavez , Is That True ? Is She ,Like Oliver Stone, , A Natural Born Killer Groupie ?
Is Oliver Stone re-creating (in reality) a seen in his movie Natural Born Killers with Hugo Chavez ?
Oliver Stone has shown a propaganda film for Hugo Chavez.Many reports about Venezuela indicate a huge rise in poverty & crime. Oliver Stone ask Hugo Chavez (basically) if that were true and Chavez said no (go figure).
Character 'the Killer': Hugo Chavez

Bio: Hugo chavez has removed (at Gun Point) most of his democratically elected poltical opponents (like Rosales) , has laws against political dissent speech , chavez has a national police force (Chavistas) that spread violence & hate to anyone thought to be Chavez political opponent , over 3,000 missing political activists or oppoents in Venezuela, Hugo Chavez is Anti-Semitic & Anti -Catholic (calls Catholics "Liars & Perverts"), Unspeakable acts of real torture towards political dissents, according to reports, latin american 1st fascist leader (according to many), ETC.
Character 'the Reporter': Oliver Stone

At the End of the Movie "Natural Born Killers" , the reporter helps the 'Killer' break out of prison , much like the director of the movie 'Oliver Stone' is helping Hugo Chavez (Natural Born Killer or Fascist) re-shape his Image. As the Fiction of the movie becomes 'some what' of a reality

1828 days ago
5.

suzy    

FIRST !!!!!!!!!!
LOOSERS !!!!

1829 days ago
6.

scyren    

why does she still get attention

1829 days ago
7.

Googie    

That's all there is in that trust? Appears someone has been dipping a little too much into the trust already. Does Courtney have her own money or is she completely dependent on this trust?

1829 days ago
8.

Yolanda Nixon    

@First: Learn to spell...loser.

1829 days ago
9.

Tom    

Some Simple questions: When did daughter's trust fund become Love's personal piggy bank? And who is the trustee that is supposed to be looking out for the daughter's interests? And why does Love want to switch banks and trustees? Considering her history I don't think that should ever be allowed to happen and present trustee had better lock that trust fund up DAMN TIGHT.

1829 days ago
10.

La Toya Jackson    

Back to ME !!! .. Michael Jackson is dead and my ship has finally come in .. WAAA HOOOOO !!!! .. Mo Money .. Mo Money .. MUCH MO MONEY for ME !!!!!! .. Buy our t shirts, cd's, & of course buy a few movie tickets to our up coming movie ... AND if you want to feel closer to mai bro you can buy a ticket to our family concert next year in London .. Thank you for caring...
P.S. Mo Money !!! .. Ker Ching

1829 days ago
11.

Tinalouise    

Uh oh mom must need drug money so she is going to spend all of her daughters inheritance instead of getting an effing life and a job so she can pay for her own crap.. what a loser.

1829 days ago
12.

GAYANDLOVINGIT    

WOW i cant believe this CRACKHEAD SKANK IS TRYING TO STEAL HER DAUGHTERS TRUST.. Thats crazy what a trainwreck whore...

1829 days ago
13.

La Toya Jackson    

Back to us !!!! ... Mo Money for us .. Mo Money for us.. MUCH MO MONEY for us .. Ker Ching

1829 days ago
14.

Cant Watch    

Isn't the trust's value private information? I would love to have a trust in my name worth 1.2 million...

1829 days ago
15.

wzsteen    

Oh wow, now way dude, major cool!

RT
www.total-privacy.net.tc

1829 days ago
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