Anna Nicole Smith - Smith Estate Loses Latest Round In Marchall Family Cash Battle

0
0
Subscribe To:

Anna Nicole Smith's estate has been dealt a bitter blow in its bid to land a large slice late oil tycoon J. Howard Marshall's fortune - a Supreme Court Chief Justice in Washington, D.C, has overturned a decision to give the tragic model's family $475 million (Gbp297 million).
The billionaire Texas oil tycoon was briefly married to Smith when he died in 1995 and she fought his son and other family members for a large cut of his estate up until her death in 2007.
A California bankruptcy court judge awarded the late Playmate $475 million from Marshall's estate, but now Chief Justice John Roberts has decided that ruling was a mistake.
In his ruling on Thursday (23Jun11), he wrote, "We conclude that, although the Bankruptcy Court had the statutory authority to enter judgment on the counterclaim, it lacked the constitutional authority to do so."
Marshall left his estate to his son, E. Pierce Marshall, and nothing to Smith. Upon her husband's death, she filed a petition for bankruptcy in California and was initially awarded $425 million (Gbp256.6 million) in total damages.
Pierce Marshall challenged the ruling.
The battle over the estate has continued even though Pierce Marshall died in 2006 and Smith a year later.
Smith's lawyer Kent Richard tells Abc News that today's ruling means his client's estate no longer has the right to the millions awarded by the bankruptcy court, but he reveals there are continuing separate proceedings ongoing in other courts.
He says, "There are ongoing appeals. Because of the complexity of the case there are other aspects to the case in other courts that will continue to be finalised."


Contactmusic

Tags: Anna Nicole Smith - Howard Marshall - ABC

0
0
Subscribe To:
Advertisement

More Anna Nicole Smith

Nicole Smith Daughter Dannielynn Receives Multi-million Dollar Payout

Anna Nicole (nee) Smith died tragically, while fighting a legal battle for her late husband’s millions, but Nicole Smith’s daughter from another relationship, Dannielynn Birkhead,...

Hot Tickets! This Weekend’s US Movie Releases, Killing Them Softly, The Collection, Universal Soldier, Craptastic (Addicted To Fame)

The highlight of this week’s movie releases is, unarguable. This is the time of year that many major releases come smothered in a blanket of...

Anna Nicole Smith's Daughter: Photos From The Guess Shoot!

Anna Nicole Smith's daughter Dannielynn Birkhead, 6, has stepped in front of the camera to model for Guess - the U.S. clothing brand that her...

Advertisement

Comments

Anna Nicole Smith Newsletter

Subscribe to this news alert service to receive news and reviews on Anna Nicole Smith

Unsubscribe | Unsubscribe All