Wednesday, June 29, 2011

Anna Nicole Case May Save Billy Preston's Legacy

They were each famous but of course didn’t know each other. Nevertheless, dead celebrity Anna Nicole Smith’s legal cases against her late billionaire husband, J. Howard Marshall and Marshall’s late son Pierce, may wind up helping deceased pop star and Fifth Beatle, Billy Preston. Both cases concern bankruptcy filings.

Preston’s estate has been embattled since his 2006 death over whether he intended to file bankruptcy in 2005. His business partner and manager Joyce Moore says he didn’t, that Preston was incapacitated and never even appeared in bankruptcy court or even had credit counseling.

The mandamus notes that the bankruptcy was filed on October 21, 2005. But on October 19th, Preston “embarked on a three day crack cocaine” binge that sent him into a three week hospital stay at the Mayo Clinic in Phoenix.

In depositions the lawyer who filed the bankruptcy, Richard Perlman, admitted that he didn’t speak to Preston when he filed the paperwork. The bankruptcy trustee, R. Todd Nielson, then changed the name on the case from William Preston Trust–which, as an entity, couldn’t file for bankruptcy–with just the name William Preston. There are serious accusations that Preston’s name was forged on paperwork.

The resulting legal cases have gotten so out of hand that Bruce Fein, the respected Washington lawyer who represents Moore, has now filed something unique in he US Appeals Court, 9th district–a writ of “mandamus.” He’s asking the court to throw the whole case out, based on a list of mistakes of law made by the court or by the bankruptcy and Judge Theodor Albert.

Fein writes: “The tragi-comedy has featured Kafkaesque and Orwellian bankruptcy scenes that this Court should bring to a close in the name of justice.”

Full Article and Source:
Anna Nicole Smith Case May Save Billy Preston's Legacy

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