The Michael Jackson Estate just got the ok from a judge to sell the Hayvenhurst mansion which Michael and the rest of the family called home for decades, and buy another home for Katherine and MJs kids.

But here's the thing.   We've learned the Estate doesn't want to sell Hayvenhurst -- at least for now, because it's being extensively renovated.  But the Estate now has the green light to proceed whenever it chooses.

And the judge made another order -- allowing the executors to put $30 million in the Jackson Family Trust for the benefit of Katherine, Michael's kids, and his charities.



Katherine's lawyer, Perry Sanders, tells TMZ, "It is our understanding that the motion to sell Hayvenhurst was withdrawn and this is merely for permission to buy a different place for the beneficiaries to reside."  He adds, "Neither Mrs. Jackson nor Michael's children want Hayvenhurst to be sold and we are not aware of any intention on the part of the estate to resubmit a request to sell the family home."

Joe Jackson screwed up by filing a Michael Jackson wrongful death lawsuit against AEG and Dr. Conrad Murray ... a judge has just ruled.

Joe filed his wrongful death lawsuit AFTER Katherine Jackson filed hers -- on her own behalf and on behalf of the kids.

It's unclear why Joe didn't try to join in Katherine's suit rather than filing a separate one on his own.  It's possible Katherine didn't want him.

Whatever the reason, the judge said you can't have 2 suits that allege the exact same thing, and since Katherine filed first Joe loses.

Joe could now try to horn in on Katherine's legal action -- if she'll let him.

Katherine Jackson posed for a photo with William Hall, a Michael Jackson impersonator, following the "Legends in Concert" at Harrah's Las Vegas on Friday.

A little creepy, no?

Katherine Jackson wants Conrad Murray to rot behind bars -- telling reporters outside the courthouse, the doctor's 4-year sentence is "not enough."

Speaking to KTLA ... Katherine added, "Four years won't bring my son back" -- but she admits ... Judge Michael Pastor was extremely fair with his sentencing.

Katherine Jackson is upset she had anything to do with the recent Michael Jackson Tribute concert -- telling TMZ, Global Live better take care of the workers they allegedly failed to pay.

Scores of crew members recently went on Twitter to slam Global Live -- the concert producers -- and insist the company stiffed them after they busted their asses for the event.

Katherine's lawyer tells us, "After Mrs. Jackson did all she could to help promote and make this a great event for all of Michael's fans, she is extremely displeased to hear that concert promoters have allegedly failed to pay their bills."

The lawyer adds, "Katherine is hoping that they step up and take care of their obligations." So far no word back from Global Live.

Katherine and Joe Jackson just arrived at the L.A. County courthouse -- moments after the jury announced they have reached a verdict in the Conrad Murray trial.

Joe had one word for reporters on his way in -- "Justice."

La Toya Jackson just arrived -- tweeting, "I'm shaking uncontrollably!" -- along with the Hiltons, Rick and Kathy.


Randy Jackson has also arrived.


UPDATE: Everyone is in the courtroom -- the Jackson family, Conrad Murray, the defense, the prosecution ... it's just a matter of minutes now.

Michael Jackson's parents -- along with La Toya, Jermaine and Randy -- are currently scrambling to get to the L.A. County Courthouse after they were notified the jury had reached a verdict in the Conrad Murray manslaughter case.

The entire crew is traveling from Calabasas, which -- if traffic is good -- can take somewhere between 45 mins to an hour. 

We're told the family is "anxious."

MJ's kids are staying at home with other family members. We're told they were instructed NOT to watch the verdict live -- so Katherine could break the news herself when she got home.

 

Katherine and Joe Jackson are currently on their way to a hotel near the L.A. County Superior courthouse ... so when the jury finally reaches a verdict, they're right near the action.

Katherine and Joe live in Calabasas -- with traffic, it could take over two hours to get to the courthouse ... and we're told, they just didn't want to chance missing a beat.

According to sources, they plan to check in and stay for as long as it takes the jury to come to a decision.

It's unclear if other members of the Jackson family also plan to crash nearby the courthouse.

The Jackson family is NOT inside the courtroom this morning ... as they have been for most of the Conrad Murray manslaughter trial ... but sources tell TMZ -- they WILL be when the verdict is read.

Sources close to the family tell TMZ ... the family is expected to get a 2-hour heads up when the jury is ready to present their verdict to the judge ... at which point, Katherine, Jermaine, La Toya and the rest of the crew will head on down to the courthouse.

The jury has already begun deliberating -- and they could return a verdict at any moment.

Stay tuned.

Joe, Katherine, La Toya, and Randy Jackson arrived to court in full force this morning ... presenting a united front during closing arguments in the manslaughter trial of Dr. Conrad Murray.

The countdown begins.

Call Katherine Jackson the Six Million Dollar Mama -- because the Michael Jackson Estate just loaned her that amount to pay off her settlement with a South Korean newspaper.

According to an order entered by the court -- the Estate is giving Katherine the $6 mill to help her wrap up a 17-year old lawsuit filed against her by the Segye Times.

The paper originally won a $4 million judgment against Katherine and others for failing to deliver on a promised Jackson family concert -- but with interest she would owe more than $14 million.

Katherine's attorneys and the paper agreed on a settlement of $6 million -- which clearly she couldn't pay without help from the Estate.

There are strings attached -- according to court docs, Katherine must repay the full amount to the Estate, plus interest, within one year. But check this out -- she got a hell of a deal -- the interest rate is only .16%. 

The Bank of Michael Jackson ... best rates ANYWHERE!