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AllGood Socks Jackson Estate Hard

10/16/2009 9:30 PM PDT BY TMZ STAFF

AllGood Entertainment is now going after Michael Jackson's estate in the battle over profits from the upcoming movie "This Is It," along with revenues from the Sony catalog -- and the company wants more than $300 million!!!

Michael Jackson

AllGood previously filed suit against Michael Jackson, AEG Live and Frank Dileo for $40 million -- that's when Jackson was alive. Now AllGood filed an amended lawsuit today in federal court, which now includes the estate of Michael Jackson. The original defendants are still named in the amended suit.

AllGood sued because it claims Dileo acted as Jackson's agent and agreed to a Jackson family reunion concert and that got torpedoed when the London concerts were booked.

As for why the demand has swelled from $40 mil to $300 mil, AllGood says it never anticipated that Jackson would die and that a movie would be made, which now ups the ante.

AllGood is AlsoSuing John Branca and John McClain, co-special administrators of the estate.

299 COMMENTS

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91.

Who Cares reads a wonder    

Go Yankee,s Manhattan FED Court=PSSSSSSSSSSSST AEG psssssssst Ira Meyerowitz power and DOMINANCE PATRICK ALLOCCO give us our compensation.That,s all good right guys.switch off SANDMAN WANTS A CUT ??

1741 days ago
92.

TMZ ROCKS ON    

67. Randy & Joe Jackson are behind this.

If they cannot have the estate, they much rather destroy it before the kids can inherit a dime.

This is how mad they are that MJ left them off of his will.

Posted at 9:56PM on Oct 16th 2009 by marieant0811


this is how mad they were at mj even BEFORE mjs murder

1741 days ago
94.

Raejean    

No, this appears to be about a commitment Jackson made to do a family reunion concert until AEG waved more money at him and he reneged on the non-compete requirements of the AllGood contract.

From TicketNews website:

AllGood Entertainment moves ahead with Michael Jackson lawsuit
Fri, Jun 12th 2009 12:04 pm EST
By Allison Reitz

Concert promoter AllGood Entertainment, Inc. is moving forward with a lawsuit that seeks to bar Michael Jackson from performing his 50-date residency at the O2 Arena in London. The New Jersey based company, operated by Patrick Allocco, claims Jackson and his manager, Frank Dileo, reneged on a contract for a one-off reunion concert with the other Jackson siblings.

Filed in federal district court in New York on June 10, the suit names Jackson, Dileo and residency promoter AEG Live as defendants. The nearly 20-page complaint alleges breach of contract and fraud, among other counts.

In addition to seeking an injunction against the London residency, AllGood is seeking compensation for at least $20 million in lost profits and reimbursement of expenses, as well as an additional minimum of $20 million in punitive damages.

In May, Allocco told TicketNews that he signed a contract with Dileo, operating on Jackson's behalf, for a pay-per-view reunion concert with Jackson and his siblings to take place sometime in summer 2009. The contract included a non-competition clause barring Jackson from performing prior to or three months after the single day event, according to the New Jersey based promoter.

Even after signing into the 50-date residency with AEG Live, the suit alleges that Jackson personally reassured his interest in working with AllGood Entertainment upon completing his time in London. However, "When pressed to commit on a date, Jackson and Dileo both reneged," said AllGood's attorney Ira Meyerowitz, of the New York-based law firm Meyerowitz Jekielek PLLC, in a statement.

"This is a case where the little guy followed the rules and was pushed aside by industry giants AEG and the Jacksons for the promise of bigger money and movies," Meyerowitz continued.

Wolfgang's Vault - Posters Jackson would have received at least a $24 million binder for the reunion performance with his family, according to the complaint. It has been estimated the star could earn approximately $50 million for his residency in London.

This is just the latest obstacle for Jackson, who has become an almost permanent fixture in London tabloids since announcing his "This Is It" concert series at the O2 Arena. Media reports have claimed the singer is unfit for his historic residency, though AEG Live president Randy Phillips has insisted the shows will go on as planned with Jackson's complete cooperation.

The production has faced only one serious setback, when concerns about set-up and preparation pushed back the opening date by a week from July 8 to July 13. Four shows were affected in the scheduling change, though all were rescheduled.

Jackson's residency is set to run through March 2010.

1741 days ago
95.

TMZ ROCKS ON    

72. Deb,
I See You Still Haven't Put That Pipe Down ....Shame-Shame


Posted at 10:01PM on Oct 16th 2009 by OhWell


OhWell weren't you the one seen running from his meth lab with his ass on fire when it blew?

1741 days ago
96.

tina    

I wish we could all focus on what was important, and that was the music. For those who haven't seen it, there is a blog about Michael and the unreleased Dangerous track 'Work That Body' from the writer/producer of this track and artist, Bryan Loren. He's incredible. He also wrote and produced a lot of the other unreleased Michael tracks for Dangerous that are floating around. As well, he wrote and produced 'Do The Bartman' for The Simpsons. Michael sings backup with him on that. I love that track. There is also an unreleased track he wrote and produced by Janet from Rhythm Nation called 'Work'. Loren is currently working on a solo project that should be great! His work is excellent. He's cute too. Check it out: http://www.myspace.com/bloren2

1741 days ago
97.

Duh    

deb is a skanky whore

1741 days ago
98.

Ben    

OhWell weren't you the one seen running from his meth lab with his ass on fire when it blew?

Posted at 10:41PM on Oct 16th 2009 by sublime

No, that was my diaper on fire from the METHane gasses where I crapped myself!!!!

1741 days ago
99.

why?    

We proud members of the North American Man/ Boy Love Association would like to remind the Estate of Michael Jackson that in his will he donated 20% of his wealth to charity. Our organization was near and dear to Michael's heart as he was near and dear to ours. We sincerely hope you will remember us with a donation in honor of Michael's wishes. We thank you for your support.

1741 days ago
100.

King of TMZ    

More like AllTerribles not AllGoods these vultures destroyed my life!
I ask all my fans to keep their faith! Truth will prevail!
They're capturing me hostage otherwise they would...(dgfsogidigf) oh no dsjgbfdskbgf boi

1741 days ago
101.

Ben    

and I'm nothing but a wasted sperm and my mom's old used up egg

1741 days ago
102.

Duh    

107. and I'm nothing but a wasted sperm and my mom's old used up egg

Posted at 10:48PM on Oct 16th 2009 by ha ha ha


The best part of you dripped down your mama's leg.

1741 days ago
103.

TMZ ROCKS ON    

91 Posted at 10:25PM on Oct 16th 2009 by Lucie

your post is PREPOSTEROUS
TMZ staff and writers are already worked to the bone covering multitude of other stories and topics!

1741 days ago
104.

Ben    

and I can't come up with anything good on my own so I steal other comments from people and talk to myself under ten different aliases.

1741 days ago
105.

Della    

58. Hi Della good to have you back!

Posted at 9:43PM on Oct 16th 2009 by LuvMJbad

**********************

Hey LuvMJbad!!! How are you?
Isn't this about a stupid story? What is with these people? No wonder Michael had no peace. Not in life, and certainly not in death!
I can't believe this. They want 300million for a one-nite performance?
This is so sad... :(


1741 days ago
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