Monday, February 4, 2008

Lawyer Says Brit Worth $40 Million


Montreal Escorts is in the courtroom where attorney Adam Streisand just asked the court commissioner to 86 Jamie Spears as conservator of Brit's estate.

Streisand said Brit's estate is worth $40 million. He also said Brit is in the middle of a $17 million IRS audit with her record label Jive Records and she has 15 different businesses.

Streisand asked that the Commissioner name Northern Trust Bank and Howard Grossman, Brit's business manager, as conservators.

Here's the rub-- the Commish wasn't convinced that Streisand, the second cousin of Babs, was properly retained by Britney. So far, no decisions have been made.

Spears to stay in hospital 14 more days


Spears was to be released from UCLA Medical Centre's psychiatric hospital in Los Angeles today, but doctors and a medical officer at the ward determined that she should remain, someone close to the pop star told The Associated Press, requesting anonymity because they were not authorised to discuss the matter.

Spears was committed on Thursday for a 72-hour hold for evaluation.

Paramedics, flanked by a police escort of about a dozen officers on motorcycles, in cars and a helicopter, took Spears from her home to the psychiatric hospital before dawn.

In extending her hospital stay, hospital staff members cited a section in the California legal code that allows patients to be retained for medical treatment if they are found to be gravely disabled or a danger to themselves or others, the person said.

Court Commissioner Reva Goetz ruled the day after Spears was hospitalised - and following a year of increasingly bizarre public behaviour - that someone should take over the singer's personal and financial affairs.

She named Spears' father, James Spears, as his daughter's conservator and made Spears' father and lawyer Andrew Wallet conservators of the pop star's estate.

Goetz granted the conservator access to all Spears' medical records, as well as the right to restrict her visitors and to provide her with around-the-clock security.

A court creates a conservatorship when it concludes a person no longer can care for themselves or their personal and financial affairs.

Goetz also issued a restraining order, keeping Sam Lutfi, the pop star's friend and sometime manager, away from her.

She ordered a hearing tomorrow to review the matter.

Spears' current hospitalisation is the second this year for the 26-year-old singer, who has been in spiral of bizarre behaviour since November 2006, when she filed for divorce from Kevin Federline, the father of her sons, one-year-old Jayden James and two-year-old Sean Preston.

Since her breakup with Federline, Spears has been seen at public events in short skirts and without underwear, has shaved her head bald, run over a photographer's foot with her car, left the scene of a fender bender, flogged another car with an umbrella and abandoned a car in traffic when it had a flat tyre.

Recently, she was seen sitting on a footpath, holding her pet dog and rying.

Spears was hospitalised on January 3 after police were called to her home when she refused to return her children to Federline following a visit. That episode resulted in her losing custody of her sons.

Spears' father takes over estate



Spears faces an ongoing custody battle for her sons
Singer Britney Spears has had control of her estate and her own welfare taken from her, under order of a court.
The pop star and her assets have been placed under the "conservatorship" of her father, James Spears.

She was admitted to a psychiatric hospital on Thursday, after a highly publicised descent into drink, drugs and personal problems.

A court creates a conservatorship when a person cannot care for himself or herself or handle their own affairs.

Court commissioner Reva Goetz said Spears would be under conservatorship until 4 February, when another hearing will be held.

Restraining order

The conservators will have power over the 26-year-old singer's liquid assets and can bar people from visiting her, officials said.

The Los Angeles court also placed a restraining order on Spears' manager Sam Lutfi, and gave permission to change the locks on her estate and remove anyone who was there.

Spears has been receiving treatment in the UCLA medical centre, where she was taken on Thursday for a psychiatric evaluation.

It was the second time she had been taken to hospital in less than a month.

In January, Spears was admitted to Cedar-Sinai medical centre after refusing to surrender custody of her two sons in a police stand-off.

Following the incident, sole custody of Sean Preston, aged two, and Jayden James, who is one, was awarded to ex-husband Kevin Federline.

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