Move and Counter Move on Auction
May 15th, 2007There may be a hold up in the planned Jackson Family Memorabilia Auction scheduled for the end of May in Las Vegas. But the sellers have proved to be a wily bunch.
The sellers say that the planned rescue of millions of dollars worth of their family’s possessions will stop tpart of the proceeds from going to children’s charities.
A spokesperson for the auction said “Universal Express and the auction house Guernsey’s have in the past few days received a hearing notice for early next week from Michael Jackson’s attorneys contesting ownership of some of the legally purchased collection. Universal Express and its attorney’s will respond to the frivolous accusations of Mr. Jackson’s attorneys.”
The Ceo, Richard Altomare added “When the legal facts of this issue are presented we anticipate that the auction will continue as planned. We own the property definitively, and this unwarranted interference may result in substantial damages. Any damage, delay, lost momentum or anticipated lost revenues will result in several legal actions for this auction’s full potential.
“Five charities will participate in the results of the auction. I sincerely hope that these children counting on the auction will not be disappointed.”
Source: ShowbizSpy, MJFC-USA
Category: General News