Jacko settles €10m lawsuit

Michael Jackson has settled a potentially embarrassing €10.25m lawsuit which threatened to disclose the state of his finances.

Thu, 12 Jun, 2003 - 15:31

Michael Jackson has settled a potentially embarrassing €10.25m lawsuit which threatened to disclose the state of his finances.

The King of Pop had faced claims from his former business advisers, Union Investment, that he had squandered a £350m (€498m) fortune and was close to bankruptcy.

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Courts Entertainment Heathrow Place: Los Angeles Person: Jacko Person: Michael Jackson Person: Jackson Person: Zia Modabber Organisation: Union Investment

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Jacko settles €10m lawsuit

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