A Los Angeles judge on Thursday sided with Britney Spears’ legal team in giving power to a third party equal to her father in managing the 39-year-old pop star’s finances. His father, Jamie Spears, had opposed a previous ruling, which he said reduced his control over the estate.
Judge Brenda Penny ordered her father and financial company Bessemer Trust to work together on a budget and investment plan for the singer. In November, the judge named the company for the role, but denied an attempt by Britney’s lawyers to remove Jamie from the conservative completely.
Jamie received the Conservative in 2008 after Britney struggled with mental health issues.
On Thursday, Britney’s court-appointed attorney echoed her earlier statements saying her client wants her father removed from the conservatory. “It’s no secret that my client doesn’t want their father to be their conservative, but we recognize that withdrawal is a different issue,” said attorney Sam Ingham.
Jamie’s lawyer, Vivian Thoreen, said the co-conservatism between Jaime and the Bessemer Trust was “unclear and ambiguous by design.” But Ingham argued it, saying the split roles were unambiguous and should be the same.
Last year, Ingram said Britney “strongly opposed” her father’s position as the sole curator of her estate and asked the court to limit her control. Although the judge did not dismiss her, she appointed the Bessemer Trust as a conservative.
AP
Jamie’s legal team has argued that his orientation works. According to her order, her lawyers have said, Britney’s property has gone from being in debt to having a valuation of more than $ 60 million.
On Thursday at the end, Jamie’s lawyers said he enjoyed working with the co-conservative. “Today’s trial court rulings show the court’s confidence in our client Jamie Spears and Bessemer Trust to jointly manage the Conservatory of Mrs Spears’ estate, ”her legal team said in a statement. “My client expects to work with Bessemer to continue an investment strategy in the interest of her daughter.”
The news comes as a New York Times documentary renewed attention in the legal battle of Spears with his father. The special follows the pop star’s rise to fame, audience breakdown and most recent recovery.
Both parties are expected to return to court on March 17.