2016: Delaware judge refuses to dismiss lawsuit by Prince's former advisers against two siblings and other heirs over estate management dispute.
Delaware judge refuses to dismiss lawsuit filed by former business advisers of late pop icon Prince against two siblings and other heirs over estate dispute. The judge also agreed with plaintiffs that an agreement replacing them as managers of a limited liability company established by three siblings was invalid. Prince died in 2016 without a will, and his six siblings inherited equal interests in the estate. Three of them assigned their combined 50% interest to Prince Legacy LLC, granting the plaintiffs each a 10% interest and broad management authority. One sister later regretted her decision and sought to remove the plaintiffs, leading to the ongoing legal battle.
July 05, 2024
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