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Prince Estate Lawsuit: Judge Sides With Advisors In Legal Battle Against Pop Icon’s Heirs

In the Prince estate lawsuit, a judge sided with advisors in their legal battle with three of legend’s heirs over the management of his affairs.

Ruling that Prince’s heirs had vested the two advisors with “broad and exclusive management authority,” the judge said they could not now amend their agreement simply because they “came to regret this decision.” But in January, McMillan and Spicer sued their partners within Prince Legacy, claiming Nelson and other heirs were improperly trying to force them out as managers and “install themselves” in their place. The decision will not end the lawsuit, because McCormick also ruled that McMillan and Spicer could to pursue their related allegation that Nelson and the other heirs had breached that contract when they attempted to amend the LLC agreement.

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