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Britney Spears’ dad to relinquish management of her $60 million property

by Pakistan Latest News Update

Jamie Spears has agreed to step down from his 13-year position as conservator of his daughter Britney’s property, in what the pop star’s legal professional on Thursday known as a serious victory.

“We are pleased that Mr Spears and his lawyer have today conceded in a filing that he must be removed,” the singer’s lawyer Mathew Rosengart stated in an announcement.

Spears, who has managed a lot of his daughter’s affairs since she suffered a psychological well being breakdown in 2008, agreed to step apart in court docket paperwork filed on Thursday.

The ‘Poisonous’ pop star has been looking for for months to take away her father from any say in her life. A court docket listening to to debate the matter had been set for late September in Los Angeles.

Rosengart known as the choice by Jamie Spears “a major victory for Britney Spears and another step toward justice.”

Thursday’s court docket doc didn’t say when Jamie Spears would step down from his position in dealing with his daughter’s $60 million property and stated that he felt there have been no grounds for instantly eradicating or suspending him.

Nevertheless it added: “Even as Mr Spears is the unremitting target of unjustified attacks, he does not believe that a public battle with his daughter over his continuing service as her conservator would be in her best interests.”

“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 court docket submitting added.

Britney Spears, 39, stays beneath the care {of professional} Jodi Montgomery, who mangers her medical and private affairs. The character of the singer’s psychological well being points have by no means been publicly revealed.

Spears spoke out emotionally in June and July in opposition to the court-appointed conservatorship, calling it humiliating and abusive and accusing her father of ruining her life. Spears has not carried out since 2018 and has stated she won’t return to the stage whereas her father retains management over her profession.

The singer, who posts incessantly on social media, made no instant reference on Thursday to her father’s resolution to step apart.

Thursday’s court docket doc stated Jamie Spears has at all times had his daughter’s finest pursuits at coronary heart and has not coerced her to do something.

“By her own admission, Ms Spears is strong and stands up for what she wants. Mr Spears has tried to do everything in his power to accommodate Ms Spears’ wishes, whether regarding her personal life, family, or career, while fulfilling his duties and obligations as conservator (and) protecting her from others seeking to take advantage of her,” the doc stated.

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