InvestorsHub Logo
Followers 10
Posts 2042
Boards Moderated 0
Alias Born 02/17/2006

Re: lifegear post# 8268

Thursday, 07/19/2007 7:42:47 AM

Thursday, July 19, 2007 7:42:47 AM

Post# of 18151
lifegear: It's not all of the items (though NJ may be a different story). Most likely just the items that were agreed on in the settlement that was signed by RA (or USXP lawyers).

There may be some other MJ items at the center of this ruling, since the judge has previously issued an order to allow MJ to inspect the rest of the collection. The only reason MJ would want to inspect that collection is to see if there are any other items he believes belong to him.

Apparently the Janet Jackson items may still be up in the air. That seems to be a separate issue still to be adjudicated.

The general belief is that Janet and MJ lost a previous case as to ownership of their part of the collection. That appears to be false. I ran across an article yesterday from 2004. In that article was reference to a ruling in Los Angelos Federal court case that forbade Vaccaro from selling the collection. Apparently that court agreed that MJ and Janet's items should not have been sold as part of the collection by the bankruptcy trustee.

http://www.signonsandiego.com/news/state/20040419-1916-jacksonmemorabilia.html

That's all about as clear as mud, but for the most part nothing is looking good for RA's ownership of any MJ (an probably eventually Janet) items.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.