August 25, 2016  

Michael Jackson's Estate Owes 328,299 Dollars

January 6, 2010 (9:46 am) GMT
The King of Pop's estate has been hit by new problem as a creditor claims the land owes over 328,299 dollars in unpaid fees to Signal Hill Capital.

's estate has been hit by yet another creditor's claim - from an investment banking firm that handled the late pop legend's finances. According to the latest creditor's claim, filed in Los Angeles Superior Court, Jackson's estate owes over $328,299 in unpaid fees to Signal Hill Capital, a small investment banking firm based in Baltimore, Maryland.

Attorneys for the company claim the amount is owed for "financial services related to music publishing assets". According to TMZ.com, creditors' claims against the "Thriller" hitmaker's estate have exceeded $20 million.

Other creditors include Jackson's spiritual advisor Revd. June Juliet Gatlin, his former skin doctor Arnold Klein, choreographer LaVelle Smith Jr. and the pop superstar's one-time manager and adviser Dr. Tohme Tohme. Jackson's sister, , and brothers Jackie Jackson, Tito Jackson, , Marlon Jackson and also reportedly have an ongoing royalties claim and have been listed as potential creditors.

More Michael Jackson News

TODAY'S HEADLINES

  1. Sibling Rivalry What? Khloe Kardashian Calls Kim Her 'Body Motivation'
  2. Robin Thicke, Pharrell and T.I. Officially Appeal 'Blurred Lines' Copyright Verdict
  3. Kendall Jenner Flashes Bra During Casual Stroll While Kylie Flaunts Major Cleavage
  4. Demi Moore Joins Cast of R-Rated Comedy 'Rock That Body'
  5. Miley Cyrus and Liam Hemsworth Are in No Rush to Walk Down the Aisle
  6. Singer Babyface Joins 'Dancing with the Stars' Season 23
  7. Usher Confirms New Album 'Hard II Love' Is Due Out Next Month
  8. Gisele Bundchen Gets Shirtless Assistant Taking Care of Her Booty During Photo Shoot