Avram Court Ruling: Both Sides Claim Victory
Yesterday, the jury ruled in favor of Marcel Avram and found him entitled to receive five million and three hundred thousand dollars in a legal dispute with Michael to cancel two New Year’s concerts in 1999.
Although the jury in Santa Barbara Country ruled in favor of Marcel Avram—which originally claimed damages of more than twenty million dollars—both sides in this three-month trial claimed victory.
Louis "Skip" Miller, Avram’s lawyer, told The New York Post, "It’s a great victory. They paid us back the lost profits—fully."
Although outside the courtroom, Michael’s lawyers said they were pleased with this gift and reminded that they had offered Avram the same amount of money at the beginning to drop the lawsuit.
Steve Cochran, Michael’s lawyer, said, "Mr. Avram wanted to get Michael’s head! The court ruling is an economic success."
Neither Cochran nor his assistant, Zia Madbar, commented on the overall gains and losses for Michael in this case, but they said Michael would probably request an appeal. However, a longtime family friend of Michael told The New York Post that Michael is not in a bad financial situation and can pay the money from the ruling if needed. Brian Oxman, family lawyer for the Jackson family, said that Michael recently earned twenty million dollars from the documentary Take 2.
Although the jury in Santa Barbara Country ruled in favor of Marcel Avram—which originally claimed damages of more than twenty million dollars—both sides in this three-month trial claimed victory.
Louis "Skip" Miller, Avram’s lawyer, told The New York Post, "It’s a great victory. They paid us back the lost profits—fully."
Although outside the courtroom, Michael’s lawyers said they were pleased with this gift and reminded that they had offered Avram the same amount of money at the beginning to drop the lawsuit.
Steve Cochran, Michael’s lawyer, said, "Mr. Avram wanted to get Michael’s head! The court ruling is an economic success."
Neither Cochran nor his assistant, Zia Madbar, commented on the overall gains and losses for Michael in this case, but they said Michael would probably request an appeal. However, a longtime family friend of Michael told The New York Post that Michael is not in a bad financial situation and can pay the money from the ruling if needed. Brian Oxman, family lawyer for the Jackson family, said that Michael recently earned twenty million dollars from the documentary Take 2.