Michael Jackson's Trials

Michael Jackson's Trials

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The Ongoing Trials of The Late Michael Jackson

Monday, December 19, 2005

On The Edge of Ruin

Michael Jackson faces losing Neverland and his share of the Beatles song catalogue this week, unless he pays some of the money that he owes Fortress Investments.

Fortress Investments are reportedly going to move against Jackson's assets tomorrow, unless he comes up with repayments to cover a loan worth £152M that it acquired from Bank of America last May after he failed to make a $350K repayment the previous month.

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