Monday, October 22, 2007

If Michael Jackson Sued by Prince Abdulla


Remember when Michael Jackson beat those molestation charges and moved to Baharain for a year? The guy who hosted Mike, Prince Abdulla Al-Khalifa, is suing him. The Prince says that in exchange for taking care of ALL of Mike and his kid's expenses, (living accommodations, guests, security and transportation. The prince also paid for Mike’s lawyers, who handled his financial renegotiations with Sony and Fortress Trust. At one point in the spring of 2006, Sony could only deal with Prince Abdulla’s team on behalf of Michael.) he and Mike had an agreement that Michael would record two albums, write and produce a live-Broadway kind of show with Jackson’s music and a cast album, and to write and publish an autobiography. Michael did none on those things and to make matters worse, the Prince claims Michael hasn't returned a call from him since he left Baharain. The Prince should have asked somebody, 'cause Mike did the same thing to his former manager Myung-Ho Lee and German concert promoter Marcel Avram. In both cases, Mike signed complicated agreements, made promises for work in exchange for money and then left his partners high and dry. In both cases, he was sued and lost. Last year, Mike lost another case, to former partner Marc Schaffel, who advanced him money and was never repaid. Schaffel won the case and a lien on Neverland. He’s in second place for liens behind Fortress, which has a $25 million attachment to the ranch. Michael recently settled another case, with Prescient Capital, a firm that sued him for $48 million in fees. He did the same thing to Damon Dash's cousin Darien. After Darien Dash secured $357 million dollars for Michael, Mike moonwalked on Darien's $48 million dollar fee. Darien sued and had to settle for $5 million bucks.