With fresh information surfacing about the agreement between Britney Spears and her father, certain aspects have left her devoted followers astonished.
Judge in Los Angeles County ended Britney’s 13-year conservatorship in November 2021, which had earlier granted control over her personal and financial matters to her father, Jamie Spears.
At that point in time, Britney Spears’ ex-lawyer, Matthew S. Rosengart, disagreed with her covering any of her father’s legal expenses. As per the court papers submitted by Rosengart on January 14, 2022, it was claimed that Jamie had taken more than $6 million for himself while serving as Britney’s conservator. The documents, as reported by PEOPLE, further suggested that he had engaged in financial misconduct during his period as her conservator.
On April 25, 2024, the legal disagreement was resolved by the artist. Unfortunately, the specifics of the resolution were kept confidential and not revealed in the court documents at that moment. For those who may be unaware, this settlement transpired in the Los Angeles Superior Court.
According to a recent article by PEOPLE, Britney reportedly consented to cover Jamie’s accumulated legal expenses amounting to $2.12 million. The article indicates that she had around 60 days to settle two separate payments: one for $500,000 owed to the Saul Ewing law firm and another for $1.62 million due to Willkie Farr & Gallagher.
If Jamie didn’t pay on time, the singer would’ve had to pay extra costs such as court, lawyer, and post-judgment interest fees. Interestingly, Vivian L. Thoreen, her former attorney, did not receive any payment for her services.
According to reports, the Gimme More artist successfully paid both legal fees on time.
The deal also made clear that no party was admitting to any facts, allegations, responsibility, or mistakes. Additionally, it was noted that all parties were involved in the creation and writing of the agreement together.
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2025-02-22 15:52