Following the UK Supreme Court ruling well over a year ago, legal website The Lawyer today reports that Andrew Ainsworth owes the legal firm that represented him in his dispute with Lucasfilm about £3.5 million. Per the report, “[t]he case was brought on a conditional fee arrangement (CFA), and usually the court will order the losing side to cover the other’s costs”. Since one issue was decided in favor of Ainsworth, and the other in favor of Lucasfilm, Ainsworth was never awarded a costs order, thus sticking him with a legal bill well into millions of dollars. Ainsworth is quoted in the article noting that his legal team “gained a lot of kudos” for their apparently free (at this point) legal defense, though it will be interesting to continue to follow to see if his lawyers believe that they received £3.5 million pounds worth of kudos. Read more
Julien’s Auctions Files Lawsuit Against Live Auctioneers Over Michael Jackson “Neverland” Auction for Breach of Contract and Negligence
Following last month’s development of a jury rejecting a lawsuit by collector Richard LaPointe over the canceled “Neverland” auction of Michael Jackson memorabilia, Julien’s Auction has now filed its own complaint against Live Auctioneers, the online bidding service provider for the event. The new complaint, filed in Los Angeles County Superior Court, cites two causes of auction – breach of contract and negligence. Read more
Beverly Hills Courier Reports “Judge Rules In Favor of Julien’s Auction House” in Lawsuit Brought By Michael Jackson Memorabilia Collector Richard LaPointe
Today the Beverly Hills Courier published the latest breaking news about the ongoing legal action brought by collector Richard LaPointe against MJJ Productions, Julien’s Auctions, and others. According to the news story, the “jury today rejected a lawsuit in which a collector of celebrity memorabilia maintained that a Los Angeles auction house broke a contract to sell him 14 items that belonged to Michael Jackson“, following 30 minutes of deliberation.
Beverly Hills Courier Reports on Partial Settlement of Michael Jackson Memorabilia Lawsuit with Collector Richard LaPointe
Today the Beverly Hills Courier published an update on the ongoing legal action brought by collector Richard LaPointe against MJJ Productions, Julien’s Auctions, and others. Per the article, Michael Jackson’s estate will sell LaPointe 64 of the 80+ items under dispute, which were pulled from public auction in 2009 when the entire sale was canceled following a settlement between MJJ Productions and Julien’s Auctions in their own legal dispute. Read more
Update on Collector Lawsuit Against Julien’s Auctions Over Canceled Michael Jackson Memorabilia Sale Event
As reported throughout 2009 and last updated over one year ago, efforts by Julien’s Auctions to offer for sale memorabilia owned by Michael Jackson were embroiled in controversy and legal action, which ultimately led to the cancellation of the event following a settlement between the auction house and MJJ Productions. The pop star died just two months later. Read more
Christie’s “Pop Culture” Auction Held Today: James Bond Pistol Exceeds Expectations, Darth Vader Costume Goes Unsold
Christie’s “Pop Culture: Film and Entertainment” auction (Sale 5570) was held today at South Kensington, London. Results from two of the highlight lots have been widely covered in Reuters and the AP, and picked up by mainstream media worldwide. Read more
One of the big stories last year was the legal battle between Michael Jackson’s MJJ Productions and Julien’s Auctions over the disposition of Jackson-owned memorabilia consigned to the auction house. This was ultimately settled between the parties a few months before the pop star’s death. However, two other lawsuits linger, with legal action spilling into 2010. Read more
Disney To Acquire Marvel Entertainment In $4 Billion Deal; Future Impact on “Studio Reseller” Deals?
Disney announced today that it is in the process of buying Marvel Entertainment for $4 billion dollars in cash and stock. This acquisition will include ownership over Marvel’s thousands of characters as well as Marvel Studios, which is responsible for film franchises such as Iron Man, The Avengers, Thor, and Captain America. Read more
In the wake of the death of Michael Jackson last Thursday, and the coincidental (long-scheduled) “Summer Sale” of original entertainment memorabilia which took place in Las Vegas over the following two days, the sale of 21 lots of Jackson-related memorabilia with provenance identified as from “The Collection of David Gest” has prompted significant mainstream media coverage as well as a threat of lawsuit by Mr. Gest. Read more
Per reports from the Los Angeles Times, TMZ.com, and the USA Today, Michael Jackson was pronounced dead today following a cardiac arrest and coma. The “King of Pop” has been in the news in recent months as a result of his sold out come back concert tour and a dispute with Julian’s Auctions over the sale of personal memorabilia from Neverland Ranch. Read more