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Michael Jackson Estate Wins Ruling Approving $600M Sony Sale — Over His Mother’s Objections
In the Michael Jackson music catalog sale fight, the late star's estate won a final ruling that says it can proceed with a sale to Sony Music.
A California appeals court has issued a final ruling that Michael Jackson ’s estate can proceed with a $600 million sale of the singer’s catalog to Sony Music, rejecting objections from his mother that aimed to block the deal. But because the Jackson estate is still pending before a Los Angeles probate court more than 15 years after his 2009 death, his executors took the then-confidential deal to Judge Mitchell Beckloff for approval. In the new decision, the court rejected a number of key arguments from Katherine, including her claim that the sale would violate basic inheritance rules because it would prevent all of Michael’s assets from being transferred to his heirs.
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