Source: http://www.crazydaysandnights.net

Sold

All of the sales made the news, but they were buried in with more juicy tidbits.

The sale of catalogs and everything to do with the estate has quietly been sold in return for the cash.

Why?

About a decade ago it was confirmed through a DNA test performed by a relative, that the long presumed sole heir of a permanent A++ lister was not actually the biological child of the A++ lister.

She was the result of an affair the mom had with someone else.

In order to try and make all claims against the estate harder to recover damages, everything was sold and the money transferred to multiple shell corporations.

Kurt Cobain

Frances Bean Cobain

Courtney Love

CELEBRITY LEGACIES: KURT COBAIN ESTATE AT THE HEART OF 20 YEARS OF FIGHTING

It has been more than twenty years since Kurt Cobain, the lead singer of Nirvana, died from a shotgun blast to his head, at age 27. His talent, passion, and creativity launched a new movement for not only rock music, but American culture itself.

Cobain was a game-changer who burned too bright — brighter than he could handle. Kurt Cobain suicide note summarized it well: “I don’t have the passion anymore, and so remember, it’s better to burn out than to fade away.”

Cobain’s death may have epitomized the burning out of a flame that grew too hot, but it sparked something else — court fights and ugly battles over his legacy that continued for almost 20 years.

His widow, Courtney Love, has been at the center of it all. In 1997, she and Cobain’s former Nirvana band-maters, Dave Grohl and Krist Novoselic, formed a limited liability company to manage all Nirvana-related projects. Just a few years later, on the eve of the release of a massive 45-track box set of Nirvana rare recordings, Love filed a lawsuit to dissolve the LLC.

Love claimed that her 1997 agreement with the pair should have been voided because she signed the deal under bad advice, and Cobain was really the band — Grohl and Novoselic were only sidemen, Love said. They, unsurprisingly, counter-sued Love, seeking to remove her from the LLC because she was “incapacitated”. They asked for a psychiatric examination of her.

The fighting went back and forth until 2002, when they settled the lawsuit and agreed to green-light the release of the box set. Eventually, when Nirvana was inducted into the Rock ‘n Roll Hall of Fame in the Spring of 2014, Love, Grohl and Novoselic appeared together and said they mended their relationship.

But the feuding surrounding Cobain’s legacy wasn’t over. Love allegedly discovered, in 2004, that those who hand been managing Kurt Cobain’s estate had stolen $30 million in cash and a whopping $500 million in real estate holdings. She hired a lawyer who said she was going to sue a series of ex-managers, former assistants, lawyers, accountants and even banks.- Read more here


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