Oops, She Did It Again… Britney Spears’ Dad Loses Full Control Over Pop Star’s Estate
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From our friends at PopTonic:
This just hasn’t been a good week for Jamie Spears.
First, the new Framing Britney Spears doc hit Hulu. It raises serious questions about Jamie’s treatment of his famous daughter, and the court-ordered conservatorship that gave him control of her career and estate.
Related: Check out the Framing Britney Spears documentary trailer here.
Then, Britney’s boyfriend, Sam Asghari, blasted Jamie on social media and said he has zero respect for him.
But now, Jamie has lost a legal challenge to have full control over Britney’s entire estate.
A Los Angeles judge sided with Britney’s legal team this go-round, over giving a third party equal power in managing the 39-year-old pop star’s finances.
In November last year, Judge Brenda J. Penny appointed Bessemer Trust, a wealth management firm, as a co-conservator of Britney’s estate. At the same time, the judge denied an attempt from Britney’s team to remove Jamie from the conservatorship entirely. Instead, the judge told Jamie to work with that trust, giving them equal power in the conservatorship.
I guess that didn’t sit well with Jamie, because he launched a legal bid to have that decision overturned. He objected, claiming it lessened his control over the estate.
And I’m just sitting over here thinking, “Duh, I think that was the point, dude.”
On Thursday, Britney’s attorney, Sam Ingham, echoed previous statements, saying the pop star wants her father removed from the conservatorship.
“It’s no secret that my client does not want her father as her conservator but we recognize that removal is a separate issue,” said Ingham.
Jamie’s attorney, Vivian Thoreen, raised objections on how the co-conservatorship would be delegated. She claimed it was “unclear and ambiguous by design.” However, Ingham disputed that, saying the split roles are clearly not ambiguous, and meant to be equal.
Essentially, Thoreen was asking for Jamie to have the power to delegate investment powers. She argued that it was “a way to make it consistent and to not take away powers that Mr. Spears as a conservator had.”
The objection from Jamie’s team was denied. Judge Penny ordered Jamie and Bessemer Trust to work together on a budget and investment plan for the pop star.
“My client looks forward to working with Bessemer to continue an investment strategy in the best interests of his daughter,” Thoreen said in a statement following Thursday’s hearing.
“My client Jamie Spears has diligently and professionally carried out his duties as one of Britney’s conservators, and his love for his daughter and dedication to protecting her is clearly apparent to the court,” the statement also read.
Of course, this blow to Jamie’s side doesn’t mean the issue of Britney’s conservatorship is over. In fact, it’s far from it. Subsequent hearings amid the ongoing conservatorship battle are due to take place on March 17, and again April 27.
In the meantime, boyfriend Sam Asghari is done with keeping quiet. He took to his Instagram stories to rant about Britney’s dad — and called him a “total d*ck.”
The social media slam comes after Sam also released a statement to People supporting his partner as Framing Britney Spears hit Hulu.
“I have always wanted nothing but the best for my better half, and will continue to support her following her dreams and creating the future she wants and deserves,” he said. “I am thankful for all the love and support she is receiving from her fans all over the world, and I am looking forward to a normal, amazing future together.”