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Judge dismisses promoters’ lawsuit against Jackson

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A federal judge on Thursday dismissed a multimillion-dollar lawsuit by a concert promoter against the late Michael Jackson over a failed reunion concert.

U.S. District Judge Harold Baer Jr. granted a motion by lawyers for Jackson’s estate to dismiss the case, citing a lack of evidence that the late King of Pop or his family were under a binding agreement to perform at a reunion concert.

AllGood Entertainment Inc., a company started in Morristown, N.J., sued Jackson for $40 million on June 10, 2009, roughly two weeks before the singer’s death in Los Angeles at age 50. It claimed Jackson and his then-manager broke a contract for a Jackson reunion show.

AllGood later filed a creditor’s claim with Jackson’s estate, claiming the potential value of the lawsuit was at least $300 million.

Baer determined that there was a letter of intent between Jackson’s then-manager, Frank DiLeo, and AllGood, but never an enforceable contract. He noted that neither Jackson nor any other members of the family who were to be involved in the show ever signed a contract.