Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Wednesday, June 11, 2008

Christie's to auction James Brown items

Brown4According to Chris Michaud, Ain't It Funky Now: James Brown items for sale, Yahoo! News, June 10, 2008:

Fans of James Brown will have a chance to own some of the legendary soul singer's funky stuff when Christie's puts hundreds of items up for sale on July 17.

The auction house said on Tuesday it will sell some of his instruments, hand-written lyrics, awards and grooming artifacts among 320 lots to be offered at "The James Brown Collection," estimated to take in about $1 million. * * *

His estate has been the subject of much dispute and legal wrangling involving members of his large family, including several adult children, ex-girlfriends and ex-wives.

Court-appointed trustees for his estate, variously reported to be worth between $100 million and $200 million, filed a lawsuit in South Carolina earlier this year against Brown's business managers, former estate manager, a law firm and the investment bank Morgan Stanley.

The trustees allege a conspiracy to defraud the singer and accuse the bank of not preventing fraud by the managers.

Special thanks to Raymond Sheffield for bringing this article to my attention.

https://lawprofessors.typepad.com/trusts_estates_prof/2008/06/christies-to-au.html

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