Britney Spears’ father loses bid to have sole control over her investments
nme.comBritney Spears‘ father Jamie Spears has suffered a significant loss in the ongoing court battle surrounding the singer’s conservatorship.A judge ruled on Thursday (February 11) that Jamie will not have the right to delegate investment powers for the multi-million-dollar estate, after he was criticised as part of the #FreeBritney movement.The latest ruling comes after the pop singer filed a petition with Los Angeles Superior Court to remove Jamie as the sole conservator of her estate.Instead, Britney proposed that a financial institution should take her father’s place and handle her significant net worth.While Britney’s proposal was ultimately turned down, financial institution the Bessemer Trust was appointed as co-conservator and corporate.
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