Jacko faces court over '£26m debt'

[emad]

By Rob Lyons, Metro
13 July 2005

Michael Jackson is being taken to court again - just weeks after being cleared of child sex charges in a case that gripped the world.

The singer is being sued by a finance company for alleged non-payment of bills in a case which involves the rights to The Beatles' songs.

He is said to owe £26million in fees to Prescient Capital after it reorganised the 46-year-old's £151million debt to the Bank of America last year.

The company secured £300million, which was used to pay off the debt and buy half of The Beatles' song library. Jackson already owned the other half.

http://www.thisislondon.com/showbiz/articles/19798479?source=Metro

[dutchdemocrat]

1. Good.

The bottom line is he tried to steal beatles' songs right out from underneath... there's no argument. It was business. Well MJ - it's coming back to bit you on your waify little sorry ass. You thought you were big when you could beat Paul and the remaining beatles in order to whore their music for money... which you have continued to do so.

Ha...

I hope you go bankrupt and suffer. Welcome to the real world.