In a decisive legal victory for Michael Jackson’s estate, a California appeals court has affirmed that the estate’s executors can proceed with a USD 600 million sale of the late pop icon’s music catalogue to Sony Music.
The ruling, which comes despite objections from Jackson’s mother,
Katherine Jackson, clears the way for the high-value transaction and upholds the estate’s management decisions, according to The Hollywood Reporter.
The appeals court, issuing a final judgment on Wednesday, dismissed Katherine Jackson’s claims that the sale contravened Michael Jackson’s wishes.