Fox News Flash top entertainment headlines for November 2 Britney Spears ’ father, Jamie Spears, is moving to end the conservatorship once and for all, Fox News has confirmed.
Jamie, the longtime handler of Spears’ estate and personal assets, filed court docs on Monday to put an end to the arrangement. Per the docs, he wants the judge to sign off on the petition on Tuesday, officially putting a lid on the looming final agreement in which he previously said he would step away once a proper plan has been set in place.
"Jamie unconditionally loves and supports his daughter. Full stop," Jamie’s attorneys wrote in the court memorandum obtained by Fox News. "As he has done for her entire life, Jamie will do everything he can to protect and care for her. For the last 13 years, that included serving as her Conservator. Now, it means ending her Conservatorship."
Spears’ camp has consistently claimed that Jamie is seeking some $2 million on his way out, a portion of which is likely to land in the hands of his attorneys and her former business manager, Tri-Star. However, according to Jamie’s filing on Tuesday, his lawyers say such is not the case and he’s willing to walk away from the matter without any further compensation.
"Jamie sees no reason why the Conservatorship should continue for any amount of time and asserts he has no interest in the Conservatorship continuing," the filing reads. "Regardless, Jamie does not seek to and will not serve as Conservator again. Jamie already petitioned this Court to terminate the Conservatorship and has offered to stipulate to its immediate termination without reservation or exception."
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It adds: "Accordingly, Jamie hereby affirms his request to terminate the Conservatorship and his willingness to stipulate to the same. To be clear, this request is not subject to any caveat. Jamie does not make this request subject to a demand for releases or compensation — it is unconditional."
The documents further state that Jamie simply wants a smooth and transparent transition off the helm and will "hide nothing" from anyone hoping to sneak a peek at the inner workings of the historical arrangement. Britney Spears has thanked #FreBritney supporters for shedding light on alleged misdealings in her conservatorship. Spears had previously requested her father be deposed over claims he mismanaged her finances.
"Jamie has nothing to hide regarding his administration of Britney’s estate and will therefore hide nothing," his lawyers state in the filing. "Indeed, Jamie believes that every aspect of the Conservatorship should be made available for public examination — not the targeted leaks and misinformation that have resulted in such tabloid fodder. Accordingly, Jamie affirms that he will unconditionally cooperate in transferring all files regarding the estate to Britney’s counsel without delay."
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Los Angeles Superior Court Judge Brenda Penny suspended Jamie from overseeing the conservatorship that has held a firm grip on […]