Jackson Court Hearing
We're inside the courtroom as the lawyer for the co-executors of Michael Jackson's will, John Branca and John McClain, go before a judge seeking to be named administrator of Jackson's estate.
1:08 PM ET -- Hearing is over.
1:02 PM ET -- The judge just said that decisions involving marshaling the assets, attorney's fees, and settling claims and actions all require court approval -- as well as any modifications to existing court agreements and decisions
1:00 PM ET -- The judge just made it clear -- Katherine is NOT a co-administrator and she is not required to be involved in every decision. But, he pointed out, her attorney does have the ability to object.
12:54 PM ET -- The executors are also interested in operating his businesses (employees, investments, etc.) but any new business ventures would be subject to court approval.
12:49 PM ET -- The lawyer for the executors is balking about giving Katherine approval power. The judge has said he wants the executors to keep Katherine in the loop about decisions being brought before the court.
Click here... it's not over yet
Filed under: Michael Jackson
