Kamand Enterprise alleged the singer failed to pay the full amount after spending $380,000 on items including a 19th Century silver tea and coffee set and some furniture from its Hollywood shop.
According to Kamand Enterprise’s lawyer Saul Reiss the matter got resolved to the satisfaction of all parties. Jackson had to shell out US$200,000 but refused to settle the balance.
The 47-year-old singer/paedophile has been living in Bahrain since being acquitted of child molestation charges in June.
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Michael Jackson settles Antiques Claim out of Court












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I heard this news already and guess what that house cost a million dollar and it is located in an island in Bahrain owned by him. Michael Jackson has been in an increasing amount of legal and financial trouble for years. Just recently, the famous pop artist settled a lawsuit with a member of the Bahraini royal family, who had contracted a book and album deal with Jackson in exchange for living expenses during his time spent in Bahrain. It was just announced that an auction will be held, selling personal items of Jackson’s in April of 2009. Two of the items that will be up for sale will be the gates of Neverland Ranch, and his most recognized white glove that he wore in the music video of his song “Billy Jean.” Michael Jackson, also known as “Wacko Jacko,” has been in financial trouble since 2005, after his second trial for child molestation and the near foreclosure of the Neverland Ranch. From that time on the artist of the most bestselling album of all time has been a high profile recluse in the world. A spokesperson for the auction operations has declared that this is not a forced sale. However, those who believe Jackson has been living beyond his means for years would plainly disagree. If you find yourself in some kind of financial dilemma and need some help to recover, apply for a fast payday loan. Click to learn more about Payday Loans.