From Attorney Howard Weitzman discusses developments in court · · AP Archive
“The court appointed a guardian at lium for the children because it believed there was a possible conflict between Mrs. Jackson's interest and the children's interest, which is quite normal for courts in these situations to appoint a third-party objective neutral individual to look out for the children's financial and legal interest.”
On , Howard Weitzman, Chief Accounting Officer & Senior Vice President at B. RILEY FINANCIAL INC, spoke about legal 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.