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HTWF: "Hijacking the Jackson estate"
- Thread starter Tiny Bird
- Start date
earth child
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well they can't sell whatever they choose. there's a provision to tell them to keep the items unless they are not sound business wise
so they can only sell if the assets are unprofitable, if the costs of keeping the assets is more than the revenue they bring and if they are financially required to do so (such as sell assets to pay debts)
Dangerous Incorporated
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And seriously what of Michael assets which were profitable while alive let alone now in death, is going to become unprofitable? Nothing. So there should never been a reason to sell anything.
^^
Like I said "paying off the debt" could also be one of the reasons. In that case assets can be sold even if they are profitable.
Neverland is an example - it only has maintenance costs but doesn't bring in any money. so theoretically it can be sold.
Also a little correction the provision doesn't say profitable / unprofitable , it's more like "sound businesswise".. so for example you could be in the walkman business but with the introduction of the Mp3 players , it might no longer be a good business decision.. or you might have a house in one location but the houses might be losing value lets say due to pollution so it might no longer a good idea to keep that house.. For example you might have several stocks but the company might no longer be a good idea to invest in and you can sell the stocks.. Life and conditions change..
in short they cannot say "we are selling this assets because we want to", they can only sell an asset if they have a reason for that sell.
Like I said "paying off the debt" could also be one of the reasons. In that case assets can be sold even if they are profitable.
Neverland is an example - it only has maintenance costs but doesn't bring in any money. so theoretically it can be sold.
Also a little correction the provision doesn't say profitable / unprofitable , it's more like "sound businesswise".. so for example you could be in the walkman business but with the introduction of the Mp3 players , it might no longer be a good business decision.. or you might have a house in one location but the houses might be losing value lets say due to pollution so it might no longer a good idea to keep that house.. For example you might have several stocks but the company might no longer be a good idea to invest in and you can sell the stocks.. Life and conditions change..
in short they cannot say "we are selling this assets because we want to", they can only sell an asset if they have a reason for that sell.
earth child
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Time will tell I suppose but in my opinion, it would be quite easy to "manufacture" a reason to sell something you wanted to collect on.
Back on topic .. HTWF
WTF! What a hypocritical behaviour! :doh:
I guess T-Mez knows very well what to do .. not support Melissa Johnson!
WTF! What a hypocritical behaviour! :doh:
I guess T-Mez knows very well what to do .. not support Melissa Johnson!
Thetruthbetold
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The most saddest ish i ever seen i just can't be borther with all this fraud a shame
marc_vivien
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http://www.kesq.com/news/24230028/detail.html#
Valley Woman Has New Ally In Her Fight Against Michael Jackson Estate
Melissa Johnson Sued By Estate For Using Jackson's Image For Charity
By Jason Sloss, News Channel 3 Anchor
INDIO -- Ever since Michael Jackson's death, Melissa Johnson vowed to keep what she called one of his “beloved” charities alive.
She said she's also trying to protect the pop star's legacy for his family, but for the last year she's been locked in a legal battle with Jackson's estate.
"They've been hostile, vicious,” Johnson said. “There’s no restraint with what they're willing to do to shut us up, and bring us down."
Her story began in 2003 when Johnson first got involved with Jackson's "Heal the World Foundation," which aimed to help poor and abused people around the globe."I just wanted to be in the background and help him accomplish his worthy goals,” she said.
“I really thought he could pull it off. Miracles. Pull off real change in society with his fame and influence."
Johnson said after Jackson's legal troubles sidelined the charity, she took over.
"He wasn't going to be involved in the day-to-day operations, so they were okay with us running the charity,” she told News Channel 3.
“This was a year before he died. Everything we've done, Mr. Jackson knew about. We worked with his management; we reported to his management.”
Shortly after the singer died, Johnson was hit with a lawsuit from his estate which claimed she had no direct ties with Jackson.
"They claimed we just swooped in after Michael died. And we're just one of the many trying to exploit his death for financial and personal gain. Which is … it's devastating,"
she said.
Brian Oxman has been a Jackson family attorney for more than 20 years. He came to her defense recently, and told News Channel 3 Johnson is telling the truth.
"She provided me with a whole description of what she wanted to do with heal the ‘World’ foundation,” Oxman said. “It was a great big, huge book. It had descriptions of all of the things. We presented it to Michael, and he went over it, and (he) said it was fine with him. He had no objection to anything Melissa Johnson did."
The lawsuit filed by the estate claimed Johnson unlawfully obtained names and phrases, such as "King of Pop", "Neverland" and "Thriller" in order to deceive people and rake in donations. She said it was all done to protect Jackson's legacy.
"We bought the ‘Heal The World’ trademarks only, before he died,” Johnson said. “It wasn't until a week after he died and a year of begging the new Jackson management to preserve his trademarks that we finally said 'enough is enough.'"
Johnson said estate executors didn't have an interest in the charity, until a $30 million offer came in for one of the trademarks.
"The only thing we asked: we wanted to give it to the Jackson sisters and brothers, give them all the trademarks,” she said But Johnson claimed executors blew her off, and then started a public campaign to vilify her, to bring down the charity, and get control of the valuable trademarks.
"The estate has been hijacked by strangers,” Johnson said.
Oxman said even today, estate executors keep the Jackson family out of the loop.
"We have those people who Michael Jackson said, 'You are no longer part of my life. You are not to have anything to do with me ever again.' They are the administrators of his estate," Oxman said."I think in the life of Michael Jackson, the rules of logic and the rules of law just don't seem to prevail," he said.
Michael Jackson's estate has reportedly earned nearly a billion dollars since his death.
Meanwhile, Johnson said she doesn't have money for the attorney she needs to fight the injunction, but she's not giving up.“I just want to make sure we're not going to hand over the farm to bad guys who are going to exploit mr. Jackson in death the way he was exploited in life," she said.
http://www.youtube.com/watch?v=q6BFQ-ZRgW8
Valley Woman Has New Ally In Her Fight Against Michael Jackson Estate
Melissa Johnson Sued By Estate For Using Jackson's Image For Charity
By Jason Sloss, News Channel 3 Anchor
INDIO -- Ever since Michael Jackson's death, Melissa Johnson vowed to keep what she called one of his “beloved” charities alive.
She said she's also trying to protect the pop star's legacy for his family, but for the last year she's been locked in a legal battle with Jackson's estate.
"They've been hostile, vicious,” Johnson said. “There’s no restraint with what they're willing to do to shut us up, and bring us down."
Her story began in 2003 when Johnson first got involved with Jackson's "Heal the World Foundation," which aimed to help poor and abused people around the globe."I just wanted to be in the background and help him accomplish his worthy goals,” she said.
“I really thought he could pull it off. Miracles. Pull off real change in society with his fame and influence."
Johnson said after Jackson's legal troubles sidelined the charity, she took over.
"He wasn't going to be involved in the day-to-day operations, so they were okay with us running the charity,” she told News Channel 3.
“This was a year before he died. Everything we've done, Mr. Jackson knew about. We worked with his management; we reported to his management.”
Shortly after the singer died, Johnson was hit with a lawsuit from his estate which claimed she had no direct ties with Jackson.
"They claimed we just swooped in after Michael died. And we're just one of the many trying to exploit his death for financial and personal gain. Which is … it's devastating,"
she said.
Brian Oxman has been a Jackson family attorney for more than 20 years. He came to her defense recently, and told News Channel 3 Johnson is telling the truth.
"She provided me with a whole description of what she wanted to do with heal the ‘World’ foundation,” Oxman said. “It was a great big, huge book. It had descriptions of all of the things. We presented it to Michael, and he went over it, and (he) said it was fine with him. He had no objection to anything Melissa Johnson did."
The lawsuit filed by the estate claimed Johnson unlawfully obtained names and phrases, such as "King of Pop", "Neverland" and "Thriller" in order to deceive people and rake in donations. She said it was all done to protect Jackson's legacy.
"We bought the ‘Heal The World’ trademarks only, before he died,” Johnson said. “It wasn't until a week after he died and a year of begging the new Jackson management to preserve his trademarks that we finally said 'enough is enough.'"
Johnson said estate executors didn't have an interest in the charity, until a $30 million offer came in for one of the trademarks.
"The only thing we asked: we wanted to give it to the Jackson sisters and brothers, give them all the trademarks,” she said But Johnson claimed executors blew her off, and then started a public campaign to vilify her, to bring down the charity, and get control of the valuable trademarks.
"The estate has been hijacked by strangers,” Johnson said.
Oxman said even today, estate executors keep the Jackson family out of the loop.
"We have those people who Michael Jackson said, 'You are no longer part of my life. You are not to have anything to do with me ever again.' They are the administrators of his estate," Oxman said."I think in the life of Michael Jackson, the rules of logic and the rules of law just don't seem to prevail," he said.
Michael Jackson's estate has reportedly earned nearly a billion dollars since his death.
Meanwhile, Johnson said she doesn't have money for the attorney she needs to fight the injunction, but she's not giving up.“I just want to make sure we're not going to hand over the farm to bad guys who are going to exploit mr. Jackson in death the way he was exploited in life," she said.
http://www.youtube.com/watch?v=q6BFQ-ZRgW8
Dangerous Incorporated
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and of course Oxman would support this. He sides with anyone (even Murray, even people who say not acceptable things about MJ) as long as it is against the estate.
Maria MJ
Proud Member
I wonder how much Joe Jackson really cares about getting justice for Michael.
If he did he would have tossed Oxman long time ago.
If he did he would have tossed Oxman long time ago.
Edited to add:
When you look to the previous projects by Joe Jackson such as the museum in Gary and the belt etc. , he /they said that they said that they can authorize the use of Michael related trademarks and his name - when that authority is solely at the estate.
Therefore you can see why they would support this woman and her registrations for hundreds of MJ related trademarks.
When you look to the previous projects by Joe Jackson such as the museum in Gary and the belt etc. , he /they said that they said that they can authorize the use of Michael related trademarks and his name - when that authority is solely at the estate.
Therefore you can see why they would support this woman and her registrations for hundreds of MJ related trademarks.