independent and unofficial
Prince fan community site
Thu 21st Jun 2018 7:08am
Welcome! Sign up or enter username and password to remember me
Forum jump
Forums > Prince: Music and More > The Estate Discussion - Part 14
« Previous topic  Next topic »
Page 8 of 8 <12345678
  New topic   Printable     (Log in to 'subscribe' to this topic)
Reply #210 posted 06/05/18 5:10am

nelcp777

ISaidLifeIsJustAGame said:

luv4u said:


No reason for them just wanting their names to be on file.

She hired them to represent her in court rather than represent herself.

Yep. But they had a duty to tell her "you dont have a legal claim" but continued to make a claim for her, and then immediately withdrew as counsel.

I guess counsel got tunnel vision on a paycheck instead of due diligence and checking out her claim before submitting?

  - E-mail - orgNote - Report post to moderator
Reply #211 posted 06/05/18 1:38pm

nelcp777

I am interested in the June 14th meeting and wonder what the 2nd Special Administrator is going to recommend and what course of action will be taken.

Is it odd that there have not been any financials released like Bremer did in the early days?

  - E-mail - orgNote - Report post to moderator
Reply #212 posted 06/05/18 2:00pm

ISaidLifeIsJus
tAGame

avatar

nelcp777 said:

I am interested in the June 14th meeting and wonder what the 2nd Special Administrator is going to recommend and what course of action will be taken.

Is it odd that there have not been any financials released like Bremer did in the early days?

It is interesting that the Judge said he wanted to discuss the recommendation in person. The 2nd Special Adminstrator has already made recommendations to the Judge but it was heavily redacted. From what I could read in his reports it appears he is recommending pursuing claims against Lonnie and Charlie.



I dont know why we havent seen any financials for awhile. Maybe that is why the heirs want to get an forensic accountant involved because they havent seen any financials for awhile?

  - E-mail - orgNote - Report post to moderator
Reply #213 posted 06/06/18 5:36am

Curt

I haven't read through parts 12 and 13 of this thread, so someone may have posted this already, sorry if it's duplicative, but I see the Turks & Caicos property is up for sale..

Think we can pool our cash together and take it off the estate's hands?

http://premiereestates.co...ce-estate/

  - E-mail - orgNote - Report post to moderator
Reply #214 posted 06/06/18 7:24am

zenarose

I'M ROLLING MY CHANGE NOW!!! I have a 3 ft. tall wooden barrel that I have been putting change in for years........prolly a small fortune in it....... eek

Curt said:

I haven't read through parts 12 and 13 of this thread, so someone may have posted this already, sorry if it's duplicative, but I see the Turks & Caicos property is up for sale..

Think we can pool our cash together and take it off the estate's hands?

http://premiereestates.co...ce-estate/

  - E-mail - orgNote - Report post to moderator
Reply #215 posted 06/06/18 7:58am

nelcp777

ISaidLifeIsJustAGame said:

nelcp777 said:

I am interested in the June 14th meeting and wonder what the 2nd Special Administrator is going to recommend and what course of action will be taken.

Is it odd that there have not been any financials released like Bremer did in the early days?

It is interesting that the Judge said he wanted to discuss the recommendation in person. The 2nd Special Adminstrator has already made recommendations to the Judge but it was heavily redacted. From what I could read in his reports it appears he is recommending pursuing claims against Lonnie and Charlie.



I dont know why we havent seen any financials for awhile. Maybe that is why the heirs want to get an forensic accountant involved because they havent seen any financials for awhile?

They should pursue the claims, but Lonnie will drag it out to drain the estate to try to get leverage on the hiers.

I know there are heir meetings, maybe financials are being discussed then. There was a lot of unknowns at the beginning in terms of valuations. I thought there were several amended tax returns done by Bremer. Then in the investigative files, someone mentioned Prince had issues with the IRS (I took it as he didn't like paying taxes and nothing bad).

By now, Comerica has to have most of the valuation done (2 plus years). I am sure the IRS is wanting the valuaton to do their valuation.

  - E-mail - orgNote - Report post to moderator
Reply #216 posted 06/06/18 10:08am

PennyPurple

avatar

Let's do it!! Isn't it beautiful?

Curt said:

I haven't read through parts 12 and 13 of this thread, so someone may have posted this already, sorry if it's duplicative, but I see the Turks & Caicos property is up for sale..

Think we can pool our cash together and take it off the estate's hands?

http://premiereestates.co...ce-estate/

  - E-mail - orgNote - Report post to moderator
Reply #217 posted 06/06/18 11:43am

luv4u

Moderator

avatar

moderator

Curt said:

I haven't read through parts 12 and 13 of this thread, so someone may have posted this already, sorry if it's duplicative, but I see the Turks & Caicos property is up for sale..

Think we can pool our cash together and take it off the estate's hands?

http://premiereestates.co...ce-estate/


It has already been posted and we all know lol

Edmonton, AB - canada

Ohh purple joy oh purple bliss oh purple rapture!
REAL MUSIC by REAL MUSICIANS - Prince
"I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben
  - E-mail - orgNote - Report post to moderator
Reply #218 posted 06/13/18 9:24am

ISaidLifeIsJus
tAGame

avatar

Gregg Walker filed a heavily redacted affidavit with the Court, and it is about a proposed transaction with Universal Pictures.

Gregg states he worked at Viacom, and Sony. He also talks about while working at Sony he worked closey with Playstation that focused on console gaming and home entertainment experiences.

hmmm

  - E-mail - orgNote - Report post to moderator
Reply #219 posted 06/13/18 1:44pm

PennyPurple

avatar

ISaidLifeIsJustAGame said:

Gregg Walker filed a heavily redacted affidavit with the Court, and it is about a proposed transaction with Universal Pictures.

Gregg states he worked at Viacom, and Sony. He also talks about while working at Sony he worked closey with Playstation that focused on console gaming and home entertainment experiences.

hmmm

Maybe Purple Rain on Guitar Hero? biggrin

  - E-mail - orgNote - Report post to moderator
Reply #220 posted 06/13/18 2:26pm

nelcp777

PennyPurple said:

ISaidLifeIsJustAGame said:

Gregg Walker filed a heavily redacted affidavit with the Court, and it is about a proposed transaction with Universal Pictures.

Gregg states he worked at Viacom, and Sony. He also talks about while working at Sony he worked closey with Playstation that focused on console gaming and home entertainment experiences.

hmmm

Maybe Purple Rain on Guitar Hero? biggrin

Wasn't Prince against that ? I know that don't matter now, but just curious.

  - E-mail - orgNote - Report post to moderator
Reply #221 posted 06/13/18 2:28pm

PennyPurple

avatar

nelcp777 said:

PennyPurple said:

Maybe Purple Rain on Guitar Hero? biggrin

Wasn't Prince against that ? I know that don't matter now, but just curious.

Yes, I think he was against it.

  - E-mail - orgNote - Report post to moderator
Reply #222 posted 06/13/18 7:30pm

udo

avatar

nelcp777 said:

Wasn't Prince against that ? I know that don't matter now, but just curious.

.

Does that matter at this point in time?

Pills and thrills and daffodils will kill
  - E-mail - orgNote - Report post to moderator
Reply #223 posted 06/14/18 4:11am

1Sasha

I would think the Estate management team - although trying to abide by what they would assume would be Prince's wishes - has to view paying the tax bills, among others, as a priority. The Estate needs to make as much money as possible. If a transaction isn't what we think Prince would want, as long as it was "dignified," I think they will do it.

  - E-mail - orgNote - Report post to moderator
Reply #224 posted 06/14/18 7:36am

nelcp777

udo said:

nelcp777 said:

Wasn't Prince against that ? I know that don't matter now, but just curious.

.

Does that matter at this point in time?

No it does not, that is why I mentioned it in my post.

  - E-mail - orgNote - Report post to moderator
Reply #225 posted 06/14/18 7:39am

nelcp777

1Sasha said:

I would think the Estate management team - although trying to abide by what they would assume would be Prince's wishes - has to view paying the tax bills, among others, as a priority. The Estate needs to make as much money as possible. If a transaction isn't what we think Prince would want, as long as it was "dignified," I think they will do it.

I am in complete agreement and understanding of your comments. The priority at this point is the financial obligations you mentioned. I just can't understand how and why the heirs do not see this and resolve their differences to save money and pay these obligations so that the Estate will be disbursed to them.

I think Guitar Hero is not a bad idea and it is "dignified". It may also open Prince's music to a new fan base and possible more tracks to be added in the future.

  - E-mail - orgNote - Report post to moderator
Page 8 of 8 <12345678
  New topic   Printable     (Log in to 'subscribe' to this topic)
« Previous topic  Next topic »
Forums > Prince: Music and More > The Estate Discussion - Part 14