marc_vivien
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Fourth accounting was filed on June 29, 2015. Hopefully, we'll have some news about it.
If the Estate has only managed to pay off the much smaller Mijac debt, when do they plan on paying off the much larger Sony/ATV debt, considering they will never again se such an income as in the the first years after 2009???
Estate had paid a $10,000 retainer fee to WebSheriff.
ivy;4097127 said:Payments to Katherine and MJ’s kids are as follows (Jan 2013 - Dec 2013)
Kids allowance $ 4,347,020
Why is this expense necessary?
Web Sheriff is an anti-piracy company based in the United Kingdom that provides intellectual property, copyright and privacy rights protection services for clients that include record labels, musical artists, film studios, news mediaorganizations, and celebrities. The company monitors various websites that host links to downloads of music and film. Web Sheriff has been in operation since 2000, with two offices in the UK.The company was founded by intellectual property lawyer John Giacobbi,[SUP][1][/SUP]who acts as its managing director. Web Sheriff sends legal take-down notice toBitTorrent and other file sharing sites, and also engages with blogs andfansites, negotiating for copyrighted music to be removed, offering fans free official promotional tracks and clips from the artist as replacement for the leaked material.[SUP][2][/SUP][SUP][3][/SUP] According to the Los Angeles Times, Web Sheriff is a "leading advocate of the soft sell" in the anti-piracy industry.[SUP][1][/SUP]
This isn't really an allowance. Doesnt school, clothes, food etc fall in there? Guess housing and security doesn't since that's separate line items.Is this correct? How much is each kid getting?
This isn't really an allowance. Doesnt school, clothes, food etc fall in there. Guess housing and security doesn't since that's separate line items.
Adding: I am attempting to read the document now. Pages 2-12 are missing but, the schedules are posted.
Do I get this right, TJ got paid:
24/07/2013 5,201.11 family allowance
19/06/2013 20,532.00 family allowance
14/11/2013 5,247.40 family allowance
14/11/2013 10,707.87 vacation
05/12/2013 32,907.24 family allowance
12/04/2013-23/12/2013 9,000.00/month guardian compensation totalling 154,071.23
Total: 228,666.85
Ivy, not one word about Robson/Safechuck in your post. This is familiar off-topic posting. You decide how you want to handle that.
P.S. gross income and gross earnings are NOT the same.
ivy;4097468 said:well you'll need to educate me on the difference of income and earnings.
ivy;3680028 said:Gross earnings as of May 31, 2012 is $475 Million.
Breakdown of $475 Million as follows
- $310 Million gross earnings between June 2009 – October 2010 (first accounting period)
- $134 Million gross earnings between November 2010 – December 2011. (second accounting period)
- $30 Million gross earnings between January 2012 – May 2012.
Schedule D shows net income from trade or business during second accounting period (Nov 2010- Dec 2011) at $106,734,448.
ivy;3962798 said:Gross earnings as of December 31, 2013 are more than $600 Million.[/B] According to second accounting gross earnings as of May 31, 2012 was $475 Million. This means Estate earned $125 Million (gross) between June 2012 and December 2013.
Schedule D shows net income from trade or business during third accounting period (Jan 2012- Dec 2012) at $54,015,433. (Gross income is $77,642,855)
ivy;4097127 said:Schedule D shows net income from trade or business during third accounting period (Jan 2013- Dec 2013) at $40,333,827. (Gross income is $67,407,156).
Tygger;4097471 said:Ivy, the below is off-topic but, hopefully it brings clarity.
- $134 Million gross earnings between November 2010 – December 2011. (second accounting period)
I remember Kathrine on the PK of Family tribute disaster "Forever Michael" 2011 accepting a check of 100,000 dollars for Michael's children in need. And Latoya said Kathrine and Michael's children have nothing. Most family-members are really hypocritical liars and have a shameful behaviour.
I remember Kathrine on the PK of Family tribute disaster "Forever Michael" 2011 accepting a check of 100,000 dollars for Michael's children in need. And Latoya said Kathrine and Michael's children have nothing. Most family-members are really hypocritical liars and have a shameful behaviour.