BELOW SUPERNAV drop zone ⇩

Britney Spears conservatorship: financial firm wants out

Singer Britney Spears attends the 29th Annual GLAAD Media Awards at the Beverly Hilton on April 12, 2018 in Beverly Hills, California. / AFP PHOTO / VALERIE MACON (Photo credit should read VALERIE MACON/AFP via Getty Images)

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

ovp test

mLife Diagnostics LLC: Oral Fluid Drug Testing

Male shot by female at Shreveport apartment

Class to create biodiverse backyard

Rules for outbursts at Caddo School Board Meeting

AUTO TEST CUSTOM HTML 20241114185800

AUTO TEST CUSTOM HTML 20241115200405

AUTO TEST CUSTOM HTML 20241118165728

AUTO TEST CUSTOM HTML 20241118184948

LOS ANGELES (Reuters) — Bessemer Trust, a wealth management firm that had been tapped as co-conservator of Britney Spears’ estate, on Thursday asked a Los Angeles court to withdraw from the case after the pop superstar’s testimony that she opposed the arrangement.

Spears, 39, told the court last week that she felt the legal arrangement put in place in 2008 was abusive. The “Stronger” singer said she had been forced to take the drug lithium against her will and had been prevented from marrying and removing a contraceptive device so she could try to have a baby.

Last year, Bessemer Trust had been approved by Los Angeles Superior Court Judge Brenda Penny to be added as co-conservator of Spears’ financial assets of around $60 million alongside her father, Jamie Spears.

The financial firm said it had not taken any steps regarding Spears’ assets, or received any fees, because it was awaiting additional court documents that authorized it to act. Those filings were made on Wednesday.

In a petition to the court on Thursday, Bessemer Trust asked the judge to approve its resignation from the case, citing “changed circumstances” including “the fact that the Conservatee claimed irreparable harm to her interests.”

Last year, Britney Spears began the legal process of trying to remove her father, Jamie Spears, from any role in her business affairs. The judge has rejected that request.

Jamie Spears was appointed as a conservator of his daughter’s affairs in 2008 after she was hospitalized for psychiatric treatment.

The conservatorship has been the subject of a vocal campaign by fans with the #FreeBritney social media hashtag.

© Copyright Thomson Reuters 2023.

West

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

AUTO TEST CUSTOM HTML 20241119133138

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Fog

la

51°F Fog Feels like 51°
Wind
3 mph NNE
Humidity
89%
Sunrise
Sunset

Tonight

Cloudy skies. Low 51F. Winds light and variable.
51°F Cloudy skies. Low 51F. Winds light and variable.
Wind
2 mph SW
Precip
24%
Sunset
Moon Phase
Waning Crescent