Estate Updates On James Brown 2011 to 2021
Update 2021 - James Brown's Estate: After a 15 year battle that has taken more twist and turns than a wooden rollercoaster on a beach boardwalk, Primary Wave’s acquisition of the James Brown estate, including music publishing rights, real estate, and Brown’s name and likeness, has brought the ongoing litigation to an end. While details were not made public, the estimated $90 million dollar purchase price will be allocated to “heirs” and to a perpetual scholarship trust for underprivileged children in South Carolina.
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James Brown's Estate - Original Post 2011: There really is no end in sight for the dispute between the heirs over the James Brown Estate. I blogged here on the ongoing dispute between Brown's heirs and Brown's alleged heirs regarding his estate plan that included the bulk of his estate going to a charitable trust. An action has now been filed to overturn a 2009 Settlement Agreement that allocated a portion of his estate to heirs that were not specifically named in his will. By the court's action in approving the 2009 Settlement Agreement, the corpus of the charitable trust was substantially reduced.
