laurarichardson said:

Well the financial transaction was approved by the judge. So, all that commotion was for nothing.

[Edited 2/16/18 8:48am]

What financial transaction?

Astasheiks said:

I think the judge is trying to save the musical legacy and those idiots cannot see it.

1Sasha said:

laurarichardson said:

Astasheiks said:

What financial transaction?

Financial and business matters are redacted but the estate wanted to do something and the older sibs were protesting to the court and the judge approved it.

I cant find where the Judge approved the business transaction yet.

On February 13, 2018 he allowed Comerica to file a Response to SNJ's objections.

The Judge hasnt ruled on the issue that I can find.

ISaidLifeIsJustAGame said:

laurarichardson said:

ISaidLifeIsJustAGame said:

I cant find where the Judge approved the business transaction yet.

On February 13, 2018 he allowed Comerica to file a Response to SNJ's objections.

The Judge hasnt ruled on the issue that I can find.

On 2/13/2018 It states Authorized Rep is allowed to approve proposal in attachement A.

That is a "Proposed Order" filed by Comerica.

So if the Judge approves the transaction he will sign their Proposed Order unless he wants changes made to the Order.

ISaidLifeIsJustAGame said:

laurarichardson said:

ISaidLifeIsJustAGame said: On 2/13/2018 It states Authorized Rep is allowed to approve proposal in attachement A.

That is a "Proposed Order" filed by Comerica.

So if the Judge approves the transaction he will sign their Proposed Order unless he wants changes made to the Order.

.

Seems like the judge is giving authorization to proceed--but he still has the final say.

sonshine said:

Mumio said:

More paperwork filed, the elders are still being uncooperative, wasting time, wasting money.

I don't think PP, the estate, whatever can make enough money to keep ahead of the legal bills. Not at this rate. Its just sad, sad. sad!!! They be acting like damn fools.

i agree. the attorneys will take all the money themselves if they can keep the fight going for five, ten more years. which they can easily do

rap said:

sonshine said:

And maybe that would make Prince very happy?

1Sasha said:

And maybe that would make Prince very happy?

He may have had an inkling that's the way things could go. He knew what he was dealing with

Mumio said:

1Sasha said:

And maybe that would make Prince very happy?

He may have had an inkling that's the way things could go. He knew what he was dealing with

.

They are going to have to work, if they want Prince's money!

.

They all better be careful or they could end up with legal fee's for many years to come!

XxAxX said:

XxAxX said:

cloveringold85 said:

laurarichardson said:

XxAxX said:

I worked on a case where the estate was worth four million or so - the heirs battled for six years and the attorneys were very very happy to let them fight. The attorneys: fees and costs ate up the four million and then some. The heirs not only got nothing, they owed attorneys fees and costs when it was all over. I see that happening here.

Prince had 40 million in cash and close to 50 in Real Estate. Forbes said the estate made 16 million last year. I think everything will be fine.

.

.........And, one Million in Gold Bars! $$$$

sonshine said:

purplemist7777 said:

sonshine said:

I have no idea. I don't watch this estate stuff very closely. It's all so tedious and frankly over my head Lol But i do remember reading something in the court documents in June 2016 (a month and a half after he passed) that the legal fees had already reached nearly 1 million dollars!?! That amount was staggering to me. I'm quite sure any current figure would make me physically ill.

On Feb 15 the attorney invoices for last 3 months were uploaded to court document system. Large amount of fees going toward Tidal litigation and quite a bit for Boxhill litigation.

Comerica is being paid $125,000 flat rate fee every month plus out-of-pocket expenses which is very reasonable considering the amount of work they are doing on the Estate.

ISaidLifeIsJustAGame said:

purplemist7777 said:

ISaidLifeIsJustAGame said:

Comerica is being paid $125,000 flat rate fee every month plus out-of-pocket expenses which is very reasonable considering the amount of work they are doing on the Estate.

Does that include outside attorney fees? Fredrickson & Byron filed with the court 691 pages of their invoices and other outside firm invoices

No, outside counsel fees it not included. in the flat rate.

Also, not included is the Second Special Administrator investigating the JOBU and UMG deals.

It doesnt include the retired Judge appointed to mediate with the elders and Lawnie.

ISaidLifeIsJustAGame said:

purplemist7777 said:

ISaidLifeIsJustAGame said: Does that include outside attorney fees? Fredrickson & Byron filed with the court 691 pages of their invoices and other outside firm invoices

No, outside counsel fees it not included. in the flat rate.

Also, not included is the Second Special Administrator investigating the JOBU and UMG deals.

It doesnt include the retired Judge appointed to mediate with the elders and Lawnie.

So they've brought in a retired Judge to mediate with SNJ?

PennyPurple said:

ISaidLifeIsJustAGame said:

No, outside counsel fees it not included. in the flat rate.

Also, not included is the Second Special Administrator investigating the JOBU and UMG deals.

It doesnt include the retired Judge appointed to mediate with the elders and Lawnie.

So they've brought in a retired Judge to mediate with SNJ?

Yes, but they refuse to meet with him.

ISaidLifeIsJustAGame said:

ISaidLifeIsJustAGame said:

PennyPurple said:

So they've brought in a retired Judge to mediate with SNJ?

Yes, but they refuse to meet with him.

This is so wacky.

purplemist7777 said:

ISaidLifeIsJustAGame said:

Yes, but they refuse to meet with him.

Coamerica attorneys are also reviewing the interview LM did in January on The Breakfast Club

There is so much infor to take in on this billing.

They are also working on an official Prince website.

There was some sort of dispute with the museum operator (PP) and they are using mediation for this issue.

Comerica wants to enter into a settlement agreement with ? (redacted) and NPG Records and NPG Music Publishing. They have filed a Proposed Order

They have conferred with heirs counsel regarding the wrongful death matter.

They are looking at Ps emails too in regard to PP and Galpin property.

cloveringold85 said:

XxAxX said:

ISaidLifeIsJustAGame said:

PennyPurple said:

So they've brought in a retired Judge to mediate with SNJ?

Yes, but they refuse to meet with him.

.

Okay, that makes a lot of sense, LOL