Michael Jackson passed away in 2009, but his business ventures continues posthumously through his estate. Events and productions such as “This Is It” concert and the first two Cirque du Soleil shows has large revenue. In 2017 Quincy Jones was ruled in favor against the estate of Michael Jackson where he was seeking $30 million. According to Variety, after a two-week trial, the music legend was awarded $9.4 million.
However, the estate appealed the decision and on Tuesday (May 5), the verdict was overturned. Variety reports that the three-judge panel found that the first judge “had allowed the jury to misinterpret Jones’ contract” without direction or an understanding of what they were reading. A reevaluation of what Quincy Jones should have earned left him with a $2.6 million judgment instead of $9.4 million.
Following the new ruling, Howard Weitzman, the lawyer for Michael Jackson’s estate, issued a statement. “Quincy Jones was the last person we thought would try to take advantage of Michael Jackson by filing a lawsuit three years after he died asking for tens of millions of dollars he wasn’t entitled to,” Weitzman said. “We knew the verdict was wrong when we heard it, and the court of appeal has completely vindicated us. From the beginning this was an attempt to take advantage of Michael knowing he wasn’t here to defend himself.”
