February 18, 2012- On Friday, a former manager of Michael Jackson claimed he was owed 15% of the earnings from the estate of the late entertainer. Executors of the estate were seeking to not allow any payment to the ex-manager.
Tohme R. Tohme filed suit saying he was due a large amount of the earnings generated following the singer’s death just like Jackson’s three children and mother are. The estate’s attorneys filed a counter suit trying to block the payments. Since Jackson died in June of 2009, the estate has earned over $300 million.
Attorney’s from the estate claim in their suit that undue influence was used by Tohme in order to convince Jackson to sign a number of deals that filled the advisor’s pockets with large sums of money.
They also say Tohme gave away property of Jackson’s that he was not authorized to do. In question are the contracts signed between Jackson and Tohme involving the Neverland Ranch’s debt and a fee the advisor negotiated for himself for the comeback concerts that were planned for London.
Tohme filed his lawsuit in Santa Monica and claimed it was his work that helped to revive the career of Jackson following the singer’s acquittal of charges of child molestation. His claim is he worked to create a career and financial strategy that could give stability to Jackson and his family.