Thursday, August 12, 2021
The court documents, which were filed in Los Angeles County Superior Court on Thursday, come after a long battle between the pop star and her father who has governed the pop star's "personal life and roughly $60 million estate for the last 13 years."
James Spears' decision to step comes weeks after Britney Spears' asked a judge to remove her father as the conservator after characterizing the estate as "abusive."
Britney Spears was also recently allowed to hire a new lawyer, Mathew Rosengart, who has pushed "aggressively" to remove or suspend James Spears as conservator of the estate. Although Mr. Rosengart conceded that "there are no actual grounds for suspending or removing [Mr. Spears], he does not believe a public battle with his daughter over his continuing services as her conservator would be in her best interest."
Mr. Spears said that he would work with the court and Mr. Rosengart to "prepare for an orderly transition to a new conservator." Mr. Rosengart stated that Mr. Spears decision to step down is "vindication for Britney."
See Neil Shah, Britney Spears’s Father to Exit Conservatorship, The Wall Street Journal, August 12, 2021.
Special thanks to David S. Luber (Florida Probate Attorney) for bringing this article to my attention.