Synopsis
Britney Spears settled a costly legal dispute with her father regarding his conservatorship. She agreed to pay $2.12 million in legal fees after a judge terminated the conservatorship that had lasted 13 years. The settlement terms were undisclosed, but both parties waived rights to appeal.Key Takeaways
- Britney Spears settled conservatorship legal fees.
- She paid her father, Jamie Spears, $2.12 million.
- The conservatorship lasted for 13 years.
- Settlement terms were not publicly disclosed.
- Both parties waived their rights to appeal.
Los Angeles, Feb 22 (NationPress) The financial settlement between pop sensation Britney Spears and her father, Jamie Spears, turned out to be quite expensive as fresh information has surfaced regarding their agreement.
Britney finalized the legal settlement with her father last year amid a disagreement over her conservatorship, according to People magazine.
In November 2021, a judge in Los Angeles County ended Britney's conservatorship, which had lasted for 13 years and granted her estranged father control over her personal and financial matters. At the time, Britney's former attorney, Matthew S. Rosengart, had opposed her covering any of her father's legal expenses.
According to People, court documents submitted by Rosengart on January 14, 2022, accused Jamie of compensating himself over $6 million during the conservatorship, surveilling his daughter, and engaging in financial misconduct while serving as her conservator. (Jamie has refuted any allegations of misconduct). The Work B**** singer, now 43, and her father, aged 72, ultimately resolved the legal dispute on April 25, 2024.
The specifics of the settlement were not revealed in the court documents submitted by both parties in Los Angeles Superior Court last year. The settlement was officially agreed upon on February 24, 2024.
People further reports that Britney consented to cover Jamie's unpaid legal bills amounting to $2.12 million, first, to the Saul Ewing firm for $500,000, which was deposited into the firm's U.S. Bank account (with Hal Morris, the general counsel at the firm, signing the contract), and then, to Willkie Farr & Gallagher for $1.62 million, which was transferred into their Citibank account (with partner Alex M. Weingarten signing).
She was given 60 days to pay both fees in full; otherwise, she would incur additional court and attorney fees, even post-judgment interest. Jamie's previous attorneys, Vivian L. Thoreen, a partner at Holland & Knight, did not receive any further payments.
Britney managed to settle both legal fees in full within the 60-day timeframe stipulated by the settlement.
The parties involved in the agreement, including Britney and her father, concurred that the payments resolved all conflicts related to the conservatorship proceedings. The agreement stipulates that no party admits to any fact, claim, liability, or wrongdoing. All parties, through their legal representatives, actively participated in drafting the agreement and waived their rights to appeal.
