Michael Jackson's daughter Paris 'concerned' about payments being made by her father's estate
Michael Jackson's daughter Paris Jackson is "concerned" about "premium payments" being made by her father's estate to three law firms.
Michael Jackson's daughter Paris Jackson is "concerned" about payments being made by her father's estate.
The 27-year-old singer has objected to a request for court approval of the estate executors' "premium payments" to three law firms in her position as a beneficiary of the Thriller hitmaker's estate.
In documents filed on 24 June and obtained by People magazine, Paris is expressed her concern over an alleged "practice of granting so-called 'premium payments' for unrecorded attorney time, much less paying one-hundred percent of any such extraordinary amounts."
The paperwork named a six-month period in 2018 when executors requested approval for $625,000 in payments for "uncaptured time" without explaining
"as to why counsel was incapable of recording unbilled time, or why such a failure should not preclude payment."
Two of the firms had received their prospective payments, in breach of the "Court’s order allowing only partial payment of attorneys’ fees until Court approval is obtained."
The documents added: "Even worse, these payments appear, at least in part, to consist of lavish gratuities bestowed upon already well-compensated counsel.
"[The payments] raise serious and substantial questions about Executors’ ability to effectively supervise counsel, by, at minimum, requiring that counsel record their time in a manner susceptible to at least superficial review and oversight, namely by means of task-billed time entries, and refraining from wasteful, six-figure gift-giving to themselves and their colleagues."
Paris is also said to be "concerned" about the executors' alleged "gross lack of diligence in seeking the required Court approval for extraordinary fees and costs" for the 2018 payments and lack of explanation about the delays.
Paris' attorney, Craig Peters, claimed there was "no written agreement" authorising executors to seek approval for fees in six-month increments and requested a "schedule for all of the outstanding approvals, both the accountings and the legal fees."
Lawyers for the estate insisted nothing untoward had happened.