The parental unit of the permanent A list “singer” has been using every delaying tactic possible to not cooperate with those seeking a forensic accounting.
Yesterday was the last gasp.
By June, we will know how bad everyone has been taking advantage of the singer.
Britney Spears’ Conservatorship: Judge Rules Dad Jamie and Bessemer Trust Will Have Equal Power Over Finances
A judge ruled that Britney Spears’ father, Jamie Spears, and Bessemer Trust will have equal power over her finances, according to court documents obtained by ET.
The decision was made on Thursday, after Jamie submitted a proposed order where he argued that some of his powers have been stripped away when he and Bessemer Trust became co-conservators of Britney’s estate in November. Britney’s attorney, Samuel Ingham, had previously claimed that “it would be highly detrimental to Britney’s interest” to give Jamie any more control over her estate.
Per the documents, during Thursday’s hearing, Jamie’s attorney, Vivian Thoreen, argued that Bessemer Trust should indeed have equal power, but that Jamie should still have some of the powers vested to him when he became sole conservator of the estate in 2019, such as being able to delegate investments.
Ingham, meanwhile, expressed that he believed the language Jamie was using created confusion and would allow Jamie to select his own investors outside of Bessemer Trust. The singer’s mother Lynne Spear’s attorney was also present.
According to the documents, Ingham once again claimed that it’s no secret that Britney does not want her father as co-conservator, noting that his removal is a separate issue. However, Thoreen stated that back in 2019, Britney allegedly did agree to her father becoming sole conservator of the estate after Andrew Wallet left, the docs state.
Ultimately, the judge overruled Jaime’s objections and signed the order giving him and Bessemer Trust equal power. Both sides are to work together on an investment plan and budget proposal for the future. The next court date is set for March 17. – Source
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