FOR IMMEDIATE RELEASE CONTACT: Raymone K. Bain May 18, 2007 MICHAEL JACKSON AND UNITED EXPRESS REACH SETTLEMENT AUCTION TO PROCEED AS SCHEDULED Las Vegas, NV .Michael Jackson and Universal Express are pleased to announce the completion of a confidential resolution to the action disputing title to the items being auctioned at the Hard Rock Hotel and Casino in Las Vegas on May 30 and 31, 2007, or by logging on to liveauctioneers.com. Mr. Jackson is satisfied with the negotiated settlement, stated Raymone K. Bain, Jackson spokesperson, and is pleased that some of the proceeds from the auction will be donated to certain charities. As this is a confidential agreement, we will be making no further comments.
Auction House Settles Lawsuit with Michael Jackson about Memorabilia – MB#39
MAY 18 – After all of the blustering talk via press releases, Universal Express (UE) has settled a lawsuit brought against them by Michael Jackson over the sale of his memorabilia.
Universal Express had previously called the lawsuit against them “frivolous” and claimed they would prove ownership. They settled the case today right before a court hearing was supposed to take place.
In an Associated Press report today (May 18), one of the attorneys for UE admitted that “very little” items belonging to Michael Jackson will be a part of the auction. Ouch.
Previous media reports claimed UE was threatening to release “embarrassing items” if Jackson didn’t back down. Claims of “paintings of naked boys” and other such ridiculous nonsense were floating in the media.
However, no source — independent or otherwise — who had access to the collection of material before it was sold to UE has confirmed that there were any “embarrassing items” in the collection.
Jackson drops bid to block Vegas auction By KEN RITTER, Associated Press Writer 37 minutes ago LAS VEGAS – Lawyers for Michael Jackson on Friday dropped an effort to block an auction of the pop star’s personal belongings and other Jackson family items, including Jackson’s gold record for his “Thriller” album. Jackson didn’t appear in a Las Vegas court where his lawyer told a judge that a confidential agreement had been reached with representatives of an auctioneer, the current owner of the materials, and a New Jersey man who claimed a warehouse full of Jackson memorabilia after a failed business venture wound up in bankruptcy court. “The matter’s been resolved,” Gregory Cross, a lawyer for Jackson, told Clark County District Court Judge Elizabeth Gonzalez.
[b]Auction Company Reaches Settlement with Jackson[/b] May 18, 2007 12:25 PM Michael Jackson has settled with an auction company that plans to auction off some of his personal items in Las Vegas. The items to be auctioned include old Jackson 5 costumes and possibly some court records. There is said to be more than 20,000 items in the auction. Jackson and the company settled out of court minutes before a hearing was to take place. Jackson had filed for a preliminary injunction to block the auction which is billed as the “The Jackson Family Memorabilia Auction” which is scheduled to happen on May 30th.