Britney Spears’ Father Loses Sole Control Of Singer’s Investments

Britney' Father Loses Sole Control Of Singer's Investments


bredcrumb

International

oi-Sanyukta Thakare

|

Britney
Spears
last
fall
had
filed
for
a
petition
to
replace
her
father
as
the
sole
conservator.
In
the
recent
hearing
on
Thursday
(February
11),
the
court
denied
her
father
Jamie
Spears’
objections
to
establishing
Bessemer
Trust
Co
as
a
co-conservator
over
her
estate.

Britney Spears,

Back
in
November
2020,
Spears
had
sought
to
replace
her
father
as
the
sole
conservator,
which
was
denied
by
Los
Angeles
Superior
Court
Judge
Brenda
Penny.
However,
the
control
over
her
investments
were
split
with
an
independent
financial
institution.

On
Thursday,
Britney’s
attorney
Samuel
Ingham,
drew
up
effectuating
the
co-conservatorship
with
Bessemer.
He
said
that
the
order
should
give
both
Jamie
and
Bessemer
“an
equal
division
of
responsibility,
in
the
hopes
that
they
would
sit
down
and
figure
out
together
the
best
way
to
handle
this
complex
estate
for
the
benefit
of
my
client”.

A
report
in
Variety
revealed
that
Jamie’s
lawyer,
Vivian
Thoreen,
argued
that
the
order
improperly
reduced
his
powers
over
his
daughter’s
estate.
Judge
Penny
at
the
end
of
the
hearing
denied
Thoreen’s
objections
and
ordered
that
the
court’s
previous
ruling
of
co-conservator,
should
not
be
amended.

Ingham
also
told
the
court
that
he
may
revisit
his
request
to
remove
Jamie
as
conservator
entirely.
“It’s
no
secret
that
my
client
does
not
want
her
father
as
co-conservator,
but
we
recognize
that
removal
is
a
separate
issue,” the
attorney
added.

During
the
previous
hearing,
Britney’s
attorney
had
told
the
court
that
she
is
scared
of
her
father
and
refused
to
perform
again
until
he
is
removed
as
her
conservator.
Another
hearing
has
been
scheduled
for
March
17,
2021,
before
which
Bessemer
and
Jamie
are
expected
to
meet,
to
come
up
with
a
budget
and
investment
plan
for
Britney’s
estate.

Fans
reportedly
stood
outside
the
court
holding
#FreeBritney
signs
demanding
that
the
conservatorship
be
removed
entirely.
The
recent
documentary
based
on
the
singer’s
life
titled,
‘Framing
Britney
Spears’ brought
the
court
case
into
the
spotlight.
The
New
York
Times
documentary
also
talked
about
her
past
mental
health
issues,
and
her
struggle
to
regain
autonomy
in
her
career.

ALSO
READ:

Britney
Spears’
Conservatorship
Heads
Back
To
Court
After
#FreeBritney
&
Framing
Britney
Documentary
Release

ALSO
READ:

My
20s
Were
Horrible,
Says
Britney
Spears



Source link

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *