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Michael Jackson's Executors -- Pay Us Now!

12/15/2009 9:47 PM PST BY TMZ STAFF

Michael Jackson's estate has not paid the Special Administrators a penny, but the day has now come -- at least according to new court docs filed by John Branca and John McClain.

The two men -- now officially the Executors of Michael Jackson's estate, are asking for 70% of the fees they have earned, pending court approval of the full amount.

The papers do not specify the amount Branca and McClain want. They do say that they want the statutory amount of executor fees for the first $25 million of the estate -- that fee comes to $188,000. But the estate is valued far in excess of $25 mil and the two Executors would be entitled to a portion of that as well. In addition, Branca and McClain also want fees "for their extraordinary services," though that amount is not specified.

According to the new documents, fees some of the law firms connected with the estate are asking for are huge. For example, the law firm of Greenberg Traurig wants $1,547,064.50. The firm of Hoffman, Sabban & Watenmaker wants $957,644. The firm of Kinsella, Weitzman, Iser, Kump & Aldisert wants $420,062.50.



540 COMMENTS

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16.

Debbie    

Yes of course they should be paid and i am sure the judge will see that they are I just hope someone is watching over the childrens money.

1752 days ago
17.

Cali MJ Fan    

I hope this is a technicality and not anyone trying to sidestep Team Branca. Branca and McClain have done a FABULOUS job so far working this estate. They are worth every penny they are asking for!

Let's hope Judge Beckloff takes care of this right away. 70% of fees they have earned to date is much better than asking 100% of it as they go along. Good for them and so glad their integrity shows.

GO TEAM BRANCA!!!

1752 days ago
18.

Random Angel    

5. These sp executors are pretty greedy for asking 70%, no wonder Joe and Co were protesting McClain and Branca, and rightly so.

Posted at 7:57PM on Dec 15th 2009 by Le

Read more: http://www.tmz.com/2009/12/15/michael-jackson-estate-special-administrator-john-branca-john-mcclain-probate/#comments#ixzz0ZoGdMnN7


You read it wrong. They are only asking for 70 percent of the fees that they have EARNED thus far. In other words, there is a running tab of the fees for the legal work they are putting in, they're asking for 70 percent of it. Maybe the amounts are exhorbitant, but basically they just are looking to be paid for their work.

1752 days ago
19.

Americanmale    

The Rev. Al Sharpton held a press conference today to blast Tiger Woods for the lack of diversity among his mistresses.
Sharpton claims that the lack of African-American women among Woods’ harem will have a negative affect on the black community, specifically young black girls.

“Why is it that a man who calls himself black can’t bring himself to cheat on his wife with a black woman?” said Sharpton, speaking to a group of supporters in Harlem .
“What does it say to young black girls everywhere when you pass them over?
Shame on you, Tiger Woods.
What would your daddy say?”

Sharpton, who has long championed taking black women as mistresses, said that today’s black athletes need to stop neglecting black women when it comes to extramarital affairs, and should follow the examples of positive black role models such as Jesse Jackson and Martin Luther King, Jr., both of whom cheated on their wives with black women.

Sharpton also stressed that cheating with African-American women would help the black community financially by giving black girls the chance to sell their stories to tabloids and gossip magazines.

1752 days ago
20.

Kai    

DAMN!!!!!!!!!!!!!!!!! he looked so fine in that picture!!!!! i love u mikee

1752 days ago
21.

Big Mouth Joe will TELL ALL    

5. These sp executors are pretty greedy for asking 70%, no wonder Joe and Co were protesting McClain and Branca, and rightly so.

Posted at 7:57PM on Dec 15th 2009 by Le

Read more: http://www.tmz.com/2009/12/15/michael-jackson-estate-special-administrator-john-branca-john-mcclain-probate/#comments#ixzz0ZoHKHyN7

They are asking for 70% of what they are owed..not 70% of the estate. With the amount of work this estate is they should get paid I am sure it is a full time job!!!.

1752 days ago
22.

Big Mouth Joe will TELL ALL    

6. OY! WITH THE MJ STORIES!

Can we move on?!!

Posted at 7:57PM on Dec 15th 2009 by CriticAl

Read more: http://www.tmz.com/2009/12/15/michael-jackson-estate-special-administrator-john-branca-john-mcclain-probate/1#comments#ixzz0ZoIGsykw

You could solve this problem by scrolling past the Michael Jackson stories....you do not have to read them or waste your time posting!!!

1752 days ago
23.

laura    

love that pic...miss you sweet angel.I still can't take it...
I'm afraid of the executors, I just hope they'll be fair and faithfull but in MJ's world does it exist? :'(
RIP KING MICHAEL

1752 days ago
24.

grim reaper    

18. I hope this is a technicality and not anyone trying to sidestep Team Branca. Branca and McClain have done a FABULOUS job so far working this estate. They are worth every penny they are asking for!

Let's hope Judge Beckloff takes care of this right away. 70% of fees they have earned to date is much better than asking 100% of it as they go along. Good for them and so glad their integrity shows.

GO TEAM BRANCA!!!

Posted at 8:12PM on Dec 15th 2009 by Cali MJ Fan



I agree with what you are saying. They are doing a great job and should be paid.

1752 days ago
25.

Debbie    

I feel Branca and McClain have Michaels best interest and his children at heart they have done a great job bringing money into the estate.They have worked hard and have been up against so much controversy.

1752 days ago
26.

Big Mouth Joe will TELL ALL    

Is it me or did they change the picture of MJ??

1752 days ago
27.

camyzu    

Tmz thanks for the super beautiful picture !!!! I think they do right ,i dont see nothing wrong here and ... not a big news ,they do their job and have to be payed too !! But what about the doctor Tmz ?? We want to know about the doctor !!!! When he will pay his "BILLS"???

1752 days ago
28.

Melanie    

Hell, If they get 70% of the estate, move over and let me try my hand at sitting on my behind and doling out money. Sheesh, the nerve of these guys. Well Michael thought he was doing the right thing.
Long live the King Of Pop

1752 days ago
29.

Missy    

2. I love this picture of Michael! He was so gorgeous!

Well, the administrators have to get paid, too. I'm surprised it took them this long.

Posted at 7:53PM on Dec 15th 2009 by Deb

Notice how a good comment about the picture was made then they changed it! tmz sucks!!

1752 days ago
30.

Duh    

You could solve this problem by scrolling past the Michael Jackson stories....you do not have to read them or waste your time posting!!!

Posted at 8:18PM on Dec 15th 2009 by pmiller

Hey pmiller, how are you tonight?

1752 days ago
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