LA Judges Aks,Jackson Executors(Branca,McClain) To Handle Debts
A judge has increased the powers of two men currently administering Michael Jackson’s estate in part because of the singer’s substantial debts.
Los Angeles Superior Court Judge Mitchell Beckloff on Friday gave attorney John Branca and music executive John McClain general powers over Jackson’s estate, which allow them to consider creditor’s claims.
Numerous people have filed claims against the pop singer’s estate for unpaid bills. They inlcude a stylist, security and Jackson’s defense against child molestation charges.
Until Friday, no one could accept or reject creditor’s claims against Jackson, who died with an estimated $400 million in debt.
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