From Attorney Howard Weitzman discusses developments in court · · AP Archive
“Mrs. Jackson remains the guardian of the children for their care and custody, but a third party will be the guardian of the estate of the children and will look after the legal and financial interest of the children.”
On , Howard Weitzman, Chief Accounting Officer & Senior Vice President at B. RILEY FINANCIAL INC, spoke about guardianship during Attorney Howard Weitzman discusses developments in court on AP Archive.
In August 2009, attorney Howard Weitzman commented on court proceedings regarding the estate of Michael Jackson. Weitzman stated that the court approved a film deal with Columbia Pictures and deferred approval of deals with AEG and Bravado. He described the deals as "outstanding, unique once-in-a-lifetime deals" that would bring substantial revenue to the estate. Weitzman noted that the court appointed a guardian ad litem for Jackson's children due to a perceived possible conflict between the children's interests and those of Katherine Jackson. He explained that Katherine Jackson remained the children's guardian for care and custody, while a third party would oversee the children's financial and legal interests. Weitzman expressed that it was "unfortunate" that Katherine Jackson and her advisors objected to the proposals, but acknowledged that the court allowed her input.