Just in the nick of time, pop star Michael Jackson’s lawyer, L. Londell McMillan, announced today that Jackson will refinance the 2,500 acre Neverland Ranch estate, effectively canceling the planned March 19 auction. He owed approximately $24 million on the estate, which he had vacated after his 2005 acquittal on child molestation charges. No one is sure as to whether or not Jackson will re-occupy Neverland, and he is reportedly looking at estates in Devonshire, England with his older brother, Tito.
Paul Wellman (file)
In a poignant role reversal, Michael Jackson turns his own camera on the media mob outside the Santa Maria courtroom where his 2005 child molestation trial took place.
Jackson Refinances Neverland
Pop Star Will Not Lose Estate