If you haven't heard yet, a gang of Michel Jackson's belongings were scheduled to go on auction next week by Julien's Auction House - that had removed the items from Neverland Ranch a while back.
Well, in true Michael Jackson form, a lawsuit was filed and the auction house promptly backed out of the auction. According to Variety, next week's scheduled auction of the pop singer's possessions was called off Tuesday after Jackson and Julien's Auction House reached a settlement to their dispute over whether 2,000 items from Neverland Ranch were ever intended for sale.
Julien's actually had an exhibition up of the Pop King's belongings that was supposed to lead up to the big auction next week. The exhibition will remain open to the public, however, Jackson will be getting his belongings back.
"There was so much interest from so many of Jackson's fans that instead of putting the items in the hands of private collectors, Dr. Tohme and Julien's Auction House have made arrangements that will allow the collection to be shared with and enjoyed by Jackson's fans for many years to come," read a joint statement from Jackson spokesman Dr. Tohme R. Tohme and auction organizer Darren Julien.
Jackson's production company, MJJ Productions, sued Julien in early March, seeking to halt the sale by arguing that Jackson hadn't authorized it. Julien maintained that the auction house was contracted by Jackson's production company to take all of the items from Neverland with the intention of selling them all beginning April 22.
A judge blocked one effort by MJJ Productions to cancel it earlier this month, and another was scheduled to hear arguments Wednesday for an injunction.
"I believe both sides are pleased with the resolution," Julien said Tuesday by telephone.
Julien has said he spent $2 million organizing the sale, which another auctioneer estimated could have fetched $12 million. The exhibition in Beverly Hills costs $20 to attend, and auction catalogues -- a $50 single volume and $200, five-volume boxed set -- were still selling, Julien said.
The statement also said MJJ Productions and Julien's Auction House would be making a "substantial" donation to MusiCares to benefit artists in need.
Julien said all of Jackson's possessions, which the auction house took directly from the Neverland Ranch property, would be returned to the pop singer. He would not say where they would be taken.
I'm really beginning to think that Michael is not as broke as he claims. I think he just uses these little incidents as publicity stunts to get attention when he wants it.
Julien's actually had an exhibition up of the Pop King's belongings that was supposed to lead up to the big auction next week. The exhibition will remain open to the public, however, Jackson will be getting his belongings back.
"There was so much interest from so many of Jackson's fans that instead of putting the items in the hands of private collectors, Dr. Tohme and Julien's Auction House have made arrangements that will allow the collection to be shared with and enjoyed by Jackson's fans for many years to come," read a joint statement from Jackson spokesman Dr. Tohme R. Tohme and auction organizer Darren Julien.
Jackson's production company, MJJ Productions, sued Julien in early March, seeking to halt the sale by arguing that Jackson hadn't authorized it. Julien maintained that the auction house was contracted by Jackson's production company to take all of the items from Neverland with the intention of selling them all beginning April 22.
A judge blocked one effort by MJJ Productions to cancel it earlier this month, and another was scheduled to hear arguments Wednesday for an injunction.
"I believe both sides are pleased with the resolution," Julien said Tuesday by telephone.
Julien has said he spent $2 million organizing the sale, which another auctioneer estimated could have fetched $12 million. The exhibition in Beverly Hills costs $20 to attend, and auction catalogues -- a $50 single volume and $200, five-volume boxed set -- were still selling, Julien said.
The statement also said MJJ Productions and Julien's Auction House would be making a "substantial" donation to MusiCares to benefit artists in need.
Julien said all of Jackson's possessions, which the auction house took directly from the Neverland Ranch property, would be returned to the pop singer. He would not say where they would be taken.
I'm really beginning to think that Michael is not as broke as he claims. I think he just uses these little incidents as publicity stunts to get attention when he wants it.
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