Dieter Wiesner, a former adviser to Michael Jackson, has filed a $64M action against Jackson for alleged breach of contract and fraud.
Wiesner claims that he paid Jackson millions of dollars for rights to merchandise his name and likeness, that were not Jackson's to sell.
Wiesner alleges that Jackson had sold the rights to another buyer prior to Wiesner, who then sued Wiesner.
That suit was settled, and Wiesner lent Jackson more money. The total alleged cost to Wiesner was $9M, to secure the rights and pay the settlement.
Having secured the rights, it seems that Wiesner made little money out of them; as, according to Weisner, Jackson refused to cooperate and interfered with merchandising efforts.
Wiesner then claims that Jackson fired several advisers and asked Wiesner to become his personal manager around 2002.
Wiesner alleges that he was then fired in 2003.