Michael Jackson's Trials

Michael Jackson's Trials


The Ongoing Trials of The Late Michael Jackson

Friday, March 14, 2008

Victory Snatched From The Jaws of Defeat?

Michael Jackson has, at the eleventh hour, managed to stop the auction of Neverland by agreeing a deal with Fortress (the holders of a $24M charge over Neverland).

Jackson's lawyer, L. Londell McMillan, told The Associated Press that Jackson has worked out a confidential agreement with Fortress Investment Group LLC allowing him to retain ownership of the estate.

However there are two unaswered, and obvious questions.
  • Given that Jackson is in dire financial straits, he hasn't stepped foot in Neverland for some considerable period of time and that the place is shuttered and rotting how long will he keep it?

  • More importantly, why does he want to keep it?

Time will tell.

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