Katherine Jackson May Have Screwed Herself

Katherine Jackson’s quest for money may have just cost her dearly … because TMZ has obtained legal papers from a South Korean newspaper that is going after everything she makes … until she pays off a $13 million debt.

Segye Times, a South Korean newspaper, filed papers with the Michael Jackson estate, informing the court it got a judgment against Katherine in 1994 for $4 million. That’s when the newspaper advanced Katherine, Joe and Jermaine $5.5 million for a series of Jackson family concerts that never took place.

Segye claims with interest the judgment now exceeds $13 million, and it wants an order from the judge forcing the estate to pay Segye any money the estate might pay Katherine.

Now here’s how Katherine screwed herself.  By making all the deals she’s been making — for books, gala events and such — she’s made it clear to the world her goal is to roll in dough and Segye has taken notice.

Source: TMZ

Michael Jackson Estate Threatened with Lawsuit

The co-author of a new book on Michael Jackson has threatened to sue the Michael Jackson estate for allegedly trying to discredit the book.

Howard Mann — a businessman who has made money on nude online gambling and nude wrestling — hooked up with Katherine Jackson to create a coffee table book called “Never Can Say Goodbye.“

Estate lawyer Howard Weitzman told TMZ earlier this week, Mann had no right “to exploit any estate assets” and would take “whatever action is necessary to prevent him from unlawfully profiting.”

Mann now tells TMZ, “The comments by the lawyers for the Estate of Michael Jackson are designed to create fear and ambiguity and may impede our ability to maximize the profits that Vintage Pop (the publisher) and the beneficiaries of the Estate are entitled to enjoy.  These actions are torturous interference and will NOT be accepted and will result [in] litigation to recover the damages against our company.”

Weitzman tells TMZ, “The estate will continue to protect its assets when appropriate,” adding, “If Mr. Mann or his attorney want to communicate with me, they can contact me directly.”

Source: TMZ