[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. The auction company, Universal Express, is arguing it doesn’t need Jackson’s approval. The company claims to have purchased thousands of items from Jackson’s former business partner who got them through Jackson’s bankruptcy. The company claims to have held back some very embarrassing items from the auction that they threatened to make public if Jackson continues to try and stop the auction.
Some of the items up for auction are on display at the Hard Rock Hotel and Casino.
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