Former Jackson manager seeks financial records

tekamjforevertekamjforever Posts: 547
edited January 1970 in News
Former Jackson manager seeks financial records
By ANTHONY McCARTNEY (AP) – 9 minutes ago

LOS ANGELES — Michael Jackson's final business manager asked a judge Tuesday to unseal detailed financial records from the singer's estate, arguing that the sealing of the documents could prevent him and other creditors from being paid.

Business manager Tohme Tohme filed a claim saying he is entitled to at least $2.3 million from the estate. The filing also claimed he is entitled to a sizable percentage of revenue from the film "This Is It."

The movie featured clips from Jackson's rehearsals for a series of comeback concerts.

Tohme claims he negotiated the contract for the concerts and is entitled to 15 percent of the revenue from the movie, DVD sales and album.

Tohme's attorneys argued in the filing that he and other creditors should have access to unredacted copies of a report filed last week by estate administrators regarding Jackson's post-death finances.

The motion seeks access to revenue, expense and profit information that is not publicly available.

Jackson estate attorney Howard Weitzman had not seen the motion and said he could not immediately comment.

The estate's filing included a summary of the business deals reached since Jackson's death on June 25, 2009, at age 50. Columbia Pictures paid $60 million for the rights to "This Is It" in a three-way deal between the studio, Jackson's estate and concert promoter AEG Live.

Many of the deals required approval by a Los Angeles judge, who has already sealed some of aspects of the agreement. The estate had argued certain details would harm future negotiations.

Tohme's motion argues that if the detailed financial figures are not publicly released, they should be provided to creditors who have filed claims against Jackson's estate. Some claims have been paid, although others by former Jackson associates have gone unpaid.

Some of the claims are currently the subject of lawsuits.

A hearing on sealing the records and Tohme's motion is scheduled for Oct. 7.

Copyright © 2010 The Associated Press. All rights reserved.

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Comments

  • OMG, the man appeared ... <!-- s:roll: -->:roll:<!-- s:roll: --> But the contract which he refers was not specifically about the shows? What you have to see the movie, since it was edited after the supposed death? <!-- s:? -->:?<!-- s:? --> AEG, could be behind this (Randy Phillips and Thome Thome - relatives)? I am finding that there is a large stone in the middle of this bean. <!-- s:?: -->:?:<!-- s:?: -->
  • OMG, the man appeared ... <!-- s:roll: -->:roll:<!-- s:roll: --> But the contract which he refers was not specifically about the shows? What you have to see the movie, since it was edited after the supposed death? <!-- s:? -->:?<!-- s:? --> AEG, could be behind this (Randy Phillips and Thome Thome - relatives)? I am finding that there is a large stone in the middle of this bean. <!-- s:?: -->:?:<!-- s:?: -->

    So well said tekamjforever. I don't know why Thome Thome thinks he's entitled to see MJ's finances. Why, so he can sue for more? This is crazy. The man is getting far more than he's entitled to anyway...2.3 million? Unbelievable. Everyone is wanting to make a quick dollar off of Michael and it's horrible.
  • curlscurls Posts: 3,111
    I don't know if there's any validity in his claims, if indeed they are genuine claims and not another development in MJ's story, but I'm really glad to see his name in the news at last! He's been in the back of my mind for a long time.
  • I thought, he had been already fired weeks before TII.
  • paula-cpaula-c Posts: 7,221
    Tohme Tohme, this was something everyone wanted to read, by the mystery surrounding this man, at least in my case is so, I have not read anything favorable to this man in any part, why he was with Jermaine in the hospital?, remember who came to say that Tohme Tohme was on June 25 at home with Michael, and then denied it.
  • GraceGrace Posts: 2,864
    Finally TT's still alive !
    And he will be discussed again Oct 7...
    How many of the entourage have a bill in their drawer, yet?

    [youtube:7axol2qc]
    http://www.youtube.com/watch?v=NrjbwVhQOAw
    Blue Suede Shoes
    Carl Perkins

    Well, it’s one for the money,
    Two for the show,
    Three to get ready,
    Now go, cat, go.

    But don’t you step on my blue suede shoes.
    You can do anything but lay off of my blue suede shoes.

    Well, you can knock me down,
    Step in my face,
    Slander my name
    All over the place.

    Do anything that you want to do, but uh-uh,
    Honey, lay off of my shoes
    Don’t you step on my blue suede shoes.
    You can do anything but lay off of my blue suede shoes.

    You can burn my house,
    Steal my car,
    Drink my liquor
    From an old fruitjar.

    Do anything that you want to do, but uh-uh,
    Honey, lay off of my shoes
    Don’t you step on my blue suede shoes.
    You can do anything but lay off of my blue suede shoes.

    LOL - how true, how true.
  • paula-cpaula-c Posts: 7,221
    And the November 13, 2009 TMZ publish this, Dr. Tohme had already submitted the documents in court since last year.

    Dr. Tohme Tohme Wants Money Money from MJ
    Originally posted Nov 13th 2009 10:39 AM PST by TMZ Staff

    Michael Jackson's former manager just filed a huge creditor's claim against the estate ... and it's mostly over the sale of Neverland Ranch in 2008.

    In the documents, filed yesterday in L.A. County Superior Court, Dr. Tohme says he was promised a certain fee from Michael if he could locate a company to save Neverland Ranch from foreclosure last year.

    Dr. Tohme claims he's the one who brought Colony Capital LLC to the table -- the company T says forked over $23 million to save Neverland. Dr. Tohme wants his cut of the deal -- which he claims is approximately $2.3 million.

    In July of 2008, Dr. Tohme also says Michael promised him 15% of the singer's "gross compensation within the entertainment industry" -- but T has no clue how much he's owed for this one.

    The doc wants in excess of $2.3 million.
    <!-- m -->http://www.tmz.com/2009/11/13/dr-tohme-<!-- m --> ... y-from-mj/
  • Tohme Tohme? this is the frist time i've come across such an unusual name. does this guy exist?
  • Well, well, well. Thome Thome is out of the bag. He probably is broke and needs money. Why can't they just leave MJ alone, including his money. Michael worked hard for his money, who are these people to demand money, go work and make your own money. They are all thieves. Blessings.
  • Tohme Tohme, this was something everyone wanted to read, by the mystery surrounding this man, at least in my case is so, I have not read anything favorable to this man in any part, why he was with Jermaine in the hospital?, remember who came to say that Tohme Tohme was on June 25 at home with Michael, and then denied it.

    <!-- s:shock: -->:shock:<!-- s:shock: --> Yes, I hope that Jermaine will do something, at least in this case, which seeks to protect the property of Michael and his children. <!-- s:roll: -->:roll:<!-- s:roll: -->
  • darkchilddarkchild Posts: 1,161
    OMG, the man appeared ... <!-- s:roll: -->:roll:<!-- s:roll: --> But the contract which he refers was not specifically about the shows? What you have to see the movie, since it was edited after the supposed death? <!-- s:? -->:?<!-- s:? --> AEG, could be behind this (Randy Phillips and Thome Thome - relatives)? I am finding that there is a large stone in the middle of this bean. <!-- s:?: -->:?:<!-- s:?: -->

    So well said tekamjforever. I don't know why Thome Thome thinks he's entitled to see MJ's finances. Why, so he can sue for more? This is crazy. The man is getting far more than he's entitled to anyway...2.3 million? Unbelievable.
    Everyone is wanting to make a quick dollar off of Michael and it's horrible.

    Wow, TT appeared. Unbelievable <!-- s:shock: -->:shock:<!-- s:shock: --> It is horrible that everyone is trying to profit from all of MJ's hard work. It is terrible. God bless you both for your excellent points.
  • curlscurls Posts: 3,111
    It's Oct 7th - let's see if we hear anything about this hearing today.
  • curlscurls Posts: 3,111
    Does anyone know how I can find out if this hearing happened yesterday?
  • candycandy Posts: 20
    I thought, he had been already fired weeks before TII.

    He was fired by Michael and hired by Phillips for AEG ...
  • candycandy Posts: 20
    Well, well, well. Thome Thome is out of the bag. He probably is broke and needs money. Why can't they just leave MJ alone, including his money. Michael worked hard for his money, who are these people to demand money, go work and make your own money. They are all thieves. Blessings.

    hey, but maybe it's finally the moment for TT to answer those long awaiting questions ...
    And Branca & Co should sue back and ask for TT to make public his own finances and all benefits aroused while he was administering MJs money, so the world can see how did he screw up Michael over the years ...
    Cause I think the estate would be in to recover some nice $$$ if so ....
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