AIKEN, S.C. (AP) -- Attorneys involved in the lengthy battle over the estate of the late soul singer James Brown say the estate is in serious financial decline.
Attorneys had hoped to announce Thursday the filing of a long-awaited settlement over how to parcel out Brown's estate. Instead, several debtors testified in court they are owed money.
It's unclear how much debt Brown's estate owes. Trustees declined to provide figures to The Associated Press on Thursday. But several lawyers involved in the case say the late soul singer's accounts have little money in them.
Louis Levenson, an attorney for Brown's adult children, says future business deals including movies and royalties will help create wealth for the estate in the future.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
TV Station Profiles & Public Inspection Files forWACH