The Bessemer Trust is backing out. The financial institution newly put in place as co-conservator alongside father Jamie Spears of Britney Spears is now bowing out of her conservatorship amid controversy, TMZ reported Thursday (July 1). PHOTOS: Check out the latest pics of Britney Spears Click inside to read more… The trust “decided it does not want to get involved because it’s become gun-shy over all the controversy surrounding the conservatorship,” via the report.
Bessemer Trust feels the situation has become a “hornet’s nest,” according to their source, and is therefore backing out. They also reportedly do not want to deal with her father. “It has issues, we’re told, with Britney‘s lawyer, Sam Ingham, along with all of the public outcry
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