Paris Jackson is in an ongoing legal dispute with the estate of her father, Michael Jackson, ahead of the controversial upcoming biopic Michael.
In recent filings, the estate criticized Jackson and her legal team, stating there was a “complete lack of understanding about how the motion picture industry works and the role of producers in it.”
Jackson, however, has raised concerns about the handling of the film and broader financial decisions. Her attorneys allege the executors “appear to have invested in highly speculative and risky entertainment projects.”
The estate pushed back strongly, saying, “No payment made by this Estate, in its 16 year history, has been disallowed,” and adding that its team has been “meticulous and conscientious in their management.”
The estate is currently being managed by John Branca and John McClain. Jackson wanted them to invest in more bonds and stocks, but they say they’ve flipped the estate, which was once hundreds of millions of dollars in the red… to a money making beast.
They also addressed Jackson’s financial position, claiming, “Paris has already received roughly $65 million in benefits,” while noting she is expected to inherit significantly more.
Jackson’s side disputes that figure, calling it “outright false and which Executors have refused to substantiate.”
The estate also accuses Jackson and her team of being “more interested in playing media games by making headline-grabbing, yet false, accusations.”
“That’s a rounding error,” a source told Page Six about Jackson contesting $625,000. “This is about control. Paris’ attorney sees the opportunity. This man wants to take control of Michael Jackson’s estate.”
There have also been reports circulating online that Janet Jackson is unhappy with the upcoming movie, although she has not publicly issued a statement.