Judge Authorises Memorabilia Tour
Judge Mitchell Beckloff has finally authorised the three city tour of Michael’s memorabilia. He said there was “no question in my mind that this agreement is in the best interest of the estate.” It is expected to earn six million dollars.
Mrs Katherine Jackson had objected to AEG Live’s plans and had expressed concerns that a tour could harm her son’s legacy and hadn’t been competitively bid.
The judge, however, “noted the lack of reasonable alternatives presented by Katherine Jackson’s lawyers, such as their mention of a company starting up in the Middle East that might be able to handle the exhibition. The most foolhardy thing the administrators could do is connect with some startup company from the Middle East,” he said.”
Ms. Lodise, the lawyer representing Michael’s three children was in favour of the tour.
The first stop for the tour will be London’s O2 Arena around October 28th, when the ‘This Is It’ film is due to be launched. The tour will be spread over two years, with the exhibits in each city for four to six months. The other two cities have not yet been named, but Los Angeles is expected to be featured.
The items to be featured in the display have not been determined.
Source: AP & MJWN