US District Judge Harold Baer Jr. has dismissed a $300M lawsuit by AllGood Entertainment Inc, a concert promoter, against the late Michael Jackson over a failed reunion concert.
Judge Baer cited a lack of evidence that the Jackson or his family were under a binding agreement to perform at a reunion concert.
AllGood Entertainment Inc originally sued Jackson for $40M on June 10 2009, before Jackson died, they then later filed a creditor's claim with Jackson's estate, claiming the potential value of the lawsuit was at least $300M.
Inflation or what?
