Consumer Law

Heirs of Prince’s Estate Battle In New Lawsuit Over Alleged Company Coup

A year after the legal battle over Prince’s estate was finally settled, the music legend’s heirs are now suddenly back in court again, fighting amongst each other over allegations that certain family members are trying to wrongfully seize control.

The lawsuit, made public Wednesday (Jan. 10) in Delaware court, amounts to a civil war among the members of Prince Legacy LLC, one of the two holding companies created to run the star’s $156 million estate. (Primary Wave, which owns the other half of the estate, is not involved in the dispute.)

The case was filed by L. Londell McMillan and Charles Spicer, two longtime Prince friends who serve as managers for Prince Legacy, over allegations that four of Prince’s family members have been improperly trying to force them out of the company. They say such a move not only violates the group’s operating agreement but would cause massive damage to efforts “to preserve and protect Prince’s legacy.”

Read the source article at Billboard

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