Britney Spears’ father, Jamie Spears, is leaving the Los Angeles County High Court on March 10, 2008.
Valerie Macon | AFP | Getty Images
After months of public pressure, James Spears agreed on Thursday to eventually step down as his daughter’s curator.
“Mr. Spears stands ready to step down when the time is right, but the transition must be orderly and include a settlement of the pending court cases,” the James Spears legal team said on a judicial file. “Mr. Spears intends to work with the court and his daughter’s new attorney to prepare for an orderly transition to a new conservator.”
The filing claimed that there were no actual grounds for suspending or removing James Spears and that it was “very questionable whether a change of restorer at this point would be in Ms. Spears’ best interests”.
Britney Spears has been a listed building for 13 years, but Pop-Start has filed a request to end the deal. Mathew Rosengart started replacing the singer last month. As Britney Spears’ new attorney, Rosengart filed a motion in late July to replace her father with Jason Rubin, a chartered accountant, as the pop star’s sole curator.
Rubin is a Principal at Certified Strategies, a firm experienced in asset management, investigating elderly financial abuse, investing fraud investigations and securities litigation.
“We are pleased that Mr. Spears and his attorney admitted in a file today that he needs to be removed. It’s a justification for Britney. However, we are disappointed with their ongoing shameful and reprehensible attacks on Ms. Spears and others, “Rosengart said in a statement.
The singer’s net worth is estimated at more than $ 50 million. She has made several allegations of abuse against her father, claiming he used the agreement for personal gain. James Spears has publicly denied these allegations.
This is breaking news. Please check again for updates.
