Britney’s Dad Gets A Raise!
First Published: December 23, 2008 11:33 AM EST Credit: Getty Premium
LOS ANGELES, Calif. -- Britney Spears is back with a hit album and a worldwide 2009 tour, but going from her troubled start at the beginning of 2008 to the top of the charts hasn’t come cheaply.
A Los Angeles Superior Court judge approved over $1.5 million in payouts to those who have assisted the pop singer, who has been under a conservatorship overseen by her father, Jamie Spears and attorney Adam Wallet, since earlier this year.
“My client has made an informed consent to all of these fee amounts,” Britney’s lawyer, Sam Ingham, said in court Monday.
Britney’s father, Jamie, has been receiving $10,000 a month for working as part of the conservatorship to assist his daughter. And on Monday, the judge approved a pay raise for Jamie due to Britney’s hectic schedule, allowing him to now receive $16,125 a month. He was also approved to receive $37,556 from previous business.
The judge also approved $1,200 per month for Jamie to rent an office, where he will be working on the conservatorship.
Britney’s older brother, Bryan Spears, who is a trustee of a trust established in Britney’s name, was also approved for a payment of $200,000 for his services to the “Circus” singer prior to the establishment of the conservatorship.
Sam Ingham, who serves as Britney’s attorney, was approved to receive $143,643, while $81,849 was approved for co-conservator Wallet.
Luce Forward’s law firm, which represents Jamie Spears, was approved for the largest sum of money — $509,080 – for their work.
Michael Flanagan, who was Britney’s lawyer during her driver’s license case earlier this fall, was ordered to be paid $11,811.
A payment of $15,275 was approved for Laura Wasser, the counselor who serves as Britney’s family law attorney.
Additionally, the judge ordered a $1.5 million dollar bond as insurance to protect the conservatorship.
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