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Thursday, 17 April 2014

Michael Jackson's Mum Katherine Ordered To Pay $800,000 In Legal Costs To AEG...

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Michael Jackson’s mother has been ordered to pay $800,000 to his promoter AEG Live for a failed lawsuit after a jury ruled that the company was not at fault for Michael’s death in 2009. 83-year-old Katherine Jackson must pay the company compensation after they fought for costs and damages.




The Jacksons sued AEG Live and wanted AEG Live to pay $85 million to each of Michael’s three children – Prince, 16, Paris, 15, and Blanket, 11 - for emotional loss, and up to $1.6 billion for economic losses.

After AEG won the suit, they provided an itemized list of costs from the five-month trial that Katherine and the Jackson estate is responsible for. This included $540,000 for models and blow-up court exhibits, $118,000 for unnecessary testimony, $53,000 for sheriff officers, $20,000 for 1,000 pages of jury instructions and other documents, and $9 in parking fees.

Under Californian law, the Jackson family, who are cared for by their grandmother Katherine, will have to foot the legal expenses, but not until an appeal is concluded in November. It’s a good thing the MJ estate is rumored to be worth 1.125 billion, otherwise this would be a pretty hefty bill.

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