lol. that smells like bribe. falsify docs to make it look like MJ gave 10% to kj so she will dance along with the plot to steal from the estate. and why would MJ give 10% to RB? what was so special about her? first, it was supposed to be $44m? not it's 10% of his corporation? lol.
on the other hand Tohme thinks he should get 10% of mj monies from this it it. and 10% of NV sales and 10% finder fees even though he never found colony capital in the first place. seriously who do these people think they are?
Not to mention that Genesis group who too wants 10% finders fee (4.5 million). I swear that MJ would have been better off if he had kept Dileo and Branca on board all the time. It went down hill from Wiesner to Raymone to Tohme.
From the link Myosotis posted:
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Bain returned to the United States and incorporated
The Michael Jackson Company, and Jackson named her as its first president, secretary and chief operating officer, according to the complaint. Jackson chaired the company and appointed his mother Katherine Jackson its treasurer.
Under the articles of incorporation, Jackson held 75 percent of the company, and gave his mother and Bain each 10 percent. King, Morris and El-Amin each held a 1.6 percent stake in The Michael Jackson Company, according to the complaint.
Morris and El-Amin claim that they continued working with Bain and Jackson on various projects, including a second trip to Japan. They say filmmaking remained a major focus for Jackson, particularly animated and interactive works.
Bain and King developed opportunities for Jackson in the music world, according to the complaint. They lined up projects with Kanye West, R. Kelly, Babyface and the Black Eyed Peas, the complaint states.
Jackson himself reached out to Sony's then-chairman Rob Weisenthal, Clive Davis and Island Def Jam Records chair L.A. Reid. Jackson also took meetings with executives of Anschultz Entertainment Group, known as AEG.
By late 2008 however, the plaintiffs say, it "suddenly became difficult even for Ms. Bain to reach Mr. Jackson." In March 2009, Jackson announced a series of comeback concerts called "This Is It," produced by AEG.
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LeslieMJHu posted this a few years back:
The Michael Jackson Company LLC
Register date: 06/13/2006
County: Delaware, California
Ownership: 100%
Profile: Intellectual property, general.
Established by MJ as the new centerpiece of his re-organised empire. After his death used as an entity for all new major projects.
I guess this is the company in question?
Does anyone have a link to place where I can see the details of registered companies in US?
The bolded bit MJ reaching out Sony's chairman? I would like to see documentation as I have heard various fans claiming that MJ hated Sony