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Michael Jackson in Deep Financial Trouble – Bankruptcy Imminent

Mr. Mister | Michael Jackson | Tuesday, 16 October 2007

So Michael Jackson is having legal trouble again…this time financial legal trouble.

A judge ordered that Jackson pay Ayscough & Marar, his former attorneys, $175,000 for legal services. He retained their services, but apparently never paid them a dime.

But that ain’t the worst of it.

Even worse than that, Jackson moved to Bahrain in 2005 days after his last molestation trial. For a year, the Prince of Bahrain paid all of Michael’s living expenses, and built him a state of the art recording facility. He also signed and agreement where he would record two albums, a broadway styled show, and write an autobiography.

After a year of paying expenses and the construction of the recording facility – Jackson decided to split. The Prince is suing him in the London high court for the $7 Million advance he paid Jackson, plus damages.

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