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Company set for Britney Spears’ co-conservatorship backs out after learning of her objection

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Britney Spears’ estate alongside her father James has asked to withdraw from it.Bessemer Trust, which manages more than $100billion in assets across its portfolio, filed a new court document today (July 1) in which it requested to resign from the arrangement.The New York Times reports that the trust referred to the public outcry of the conservatorship as “changed circumstances” and stated that it was previously unaware of Britney’s objection to the conservatorship.

Last week (June 23) the singer gave testimony in which she said she wanted the “abusive” arrangement to end without further evaluation.In its court filing, Bessemer Trust claims that it was told that Britney’s conservatorship was voluntary and that she had consented to the.

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