Jealous Haters Since 1998!
Home | News | Reviews | Day In Rock | Photos | RockNewsWire | Singled Out | Tour Dates/Tix | Feeds

Michael Jackson Estate Loans Katherine Jackson Six Million Dollars

10/06/2011
.
(TMZ) Katherine Jackson the Six Million Dollar Mama -- because the Michael Jackson Estate just loaned her that amount to pay off her settlement with a South Korean newspaper.

According to an order entered by the court -- the Estate is giving Katherine the $6 mill to help her wrap up a 17-year old lawsuit filed against her by the Segye Times.

The paper originally won a $4 million judgment against Katherine and others for failing to deliver on a promised Jackson family concert -- but with interest she would owe more than $14 million.

Katherine's attorneys and the paper agreed on a settlement of $6 million -- which clearly she couldn't pay without help from the Estate.

There are strings attached -- according to court docs, Katherine must repay the full amount to the Estate, plus interest, within one year. But check this out -- she got a hell of a deal -- the interest rate is only .16%.

The Bank of Michael Jackson ... best rates ANYWHERE! more on this story

Michael Jackson Tour Dates/Tickets

Michael Jackson CDs, vinyl and rarities

Michael Jackson T-shirts and Posters

[an error occurred while processing this directive]

antiMUSIC News featured on RockNews.info and Yahoo News

.


...end


.
News Reports
.
Day in Rock:
Lamb Of God's Mark Morton Streams Chester Bennington Collaboration- Rush Members To Make Special Appearance- Unreleased David Bowie Tracks In New Collection- more

Day in Pop

B-Sides: Taylor Swift Reveals Her Mother Has Cancer- Rich Homie Quan Surrenders To Police Over Alleged Nightclub Assault- Justin Bieber Duets With Ariana Grande- Mumford & Sons- more

 Subscribe To Day in Rock

.
 
Reviews
.

Ladies Only: Jennie Abrahamson- Rachel Garlin- Nneka- More

Album of the Week: Led Zeppelin's When The West Was Won

Karyn Crisis' Gospel Of The Witches - Salem's Wounds

The Blues: John Mayall's Bluesbreakers- Arlen Roth, Mike Henderson Band- Slam Allen

Trauma Interview

December in Red - The Way Out

Battleaxe - Power From the Universe Reissue

SOKO Interview

The Compulsions - Dirty Fun

Rock Reads: Morbid Tales! A Tribute to Celtic Frost

Death Penalty - Death Penalty

On The Record: The Wild Beyond

RockPile: Minutian- Odin's Court- THEO

Michael Ubaldini Interview

Root 66: Cameron Mitchell- Stacy Jones- Greg Shirley


. .
.
Today's Rock News
. Lamb Of God's Mark Morton Streams Chester Bennington Collaboration

Rush Members To Make Special Appearance

Unreleased David Bowie Tracks In New Collection

Def Leppard Announce Summer Tour Dates

Avenged Sevenfold's M Shadows Guests On John Dolmayan Album

Aerosmith To Rock Steven Tyler's Grammy Awards Viewing Party

Tedeschi Trucks Band Streaming New Song 'Hard Case'

Queen Bohemian Rhapsody Biopic Nominated For Seven BAFTA Awards

Behemoth Release Ecclesia Diabolica Catholica Video

Blues Music Awards Nominees Announced


Subscribe to Day in Rock Report by Email

.
.
Today's Pop News
.
.
.
Latest B-Sides News
.

More News
.
 
anti Worthy Links
.
AudioNationRadio.comThe Screen DoorA Journal of Musical ThingsLloyd Zeffler blogDemolish MagNightwatcher's House of RockCJ ChilversDeja VoodooThe 1st Fivethecopycat.bizHard Rock Memorabilia Day in Rock @twitter

.
  .
.

Click Here to Buy T-Shirts!
Click Here to Buy T-Shirts!

 

Tell a Friend about this page - Contact Us - Privacy - antiMusic Email - Why we are antiMusic

Copyright© 1998 - 2013 Iconoclast Entertainment Group All rights reserved. antiMusic works on a free link policy for reprinting of our original articles, click here for details. Please click here for legal restrictions and terms of use applicable to this site. Use of this site signifies your agreement to the terms of use.