Abuse Claims 'Overblown' In Jackson Tax Trial: IRS' Expert

Law360, Los Angeles (February 23, 2017, 10:52 PM EST) -- An intellectual property expert testified for the IRS on Thursday that the damage child molestation allegations did to Michael Jackson's name and likeness rights has been “overblown” in the Los Angeles trial to determine if Jackson's estate owes the IRS hundreds of millions of dollars for undervaluing its assets.

During the third and final week of the trial before visiting U.S. Tax Judge Mark Holmes, the IRS called to the stand intellectual property expert Weston Anson, chairman of Consor Intellectual Asset Management, to explain some of the details behind his report concluding Jackson's publicity rights were worth $161 million at the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!