The property of Michael Jackson is firing reduction at longtime affiliate Frank Cascio, accusing him of attempting to extort over $200 million from the behind pop icon’s property in a plug they call both “exploitative” and “fallacious.”
Per court paperwork filed on Tuesday (July 8) in Los Angeles Superior Court docket, the Michael Jackson Property and The Michael Jackson Company, LLC get petitioned to power Cascio into arbitration amid claims he’s threatened to spearhead an effort to tarnish Jackson’s legacy in alternate for a extensive payout.
The filing alleges that Cascio and unnamed co-conspirators threatened to publicly liberate what the property calls “fraudulent and false” accusations in opposition to Jackson except they were paid $213 million.
The property says the threats also integrated guarantees to rupture others from making identical claims if the money used to be delivered.
“For over 30 years, Mr. Cascio proudly described himself as fragment of Michael’s ‘2nd family,’ and loads of instances and publicly denied any misconduct by Mr. Jackson,” a spokesperson for the property told The Blast.
“Now, years after Michael’s passing, Mr. Cascio is attempting to study by reversing his space and manufacturing claims he previously denounced as fallacious.”
Cascio, who as soon as held a shut private and professional relationship with Jackson, will be accused of violating a Confidential Acquisition and Consulting Settlement he signed in 2020. The agreement, in accordance to the property, involves sturdy confidentiality and non-disparagement clauses, alongside with a binding arbitration requirement.
“Here's an easy case of civil extortion and breach of contract,” Martin D. Singer, attorney for the property, talked about in an announcement. “We're going to not allow the legacy of Michael Jackson to be exploited by blueprint of threats and falsehoods.”
The property’s petition seeks to compel Cascio to adjust to arbitration and block any public correct actions that may perhaps concern Jackson’s posthumous recognition. Arbitration complaints reportedly started in September 2024 and are aloof ongoing.
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