Britney Spears’ Father Will No Longer Have Sole Control Over Britney’s Finances

The Thursday ruling by Los Angeles County Superior Court Judge Brenda Penny denied James Spears' objections to sharing monetary control over the conservatorship with Bessemer Trust, a financial institution, appointed last year as co-conservator.

Photo: Courtesy of Britney Spears | Instagram



Judge Brenda Penny’s decision to deny Britney’s father, James Spears, was a rare move that could indicate diminished faith in James Spears’ fitness for the role as co-conservator, according to experts.


The Thursday ruling by Los Angeles County Superior Court Judge Brenda Penny denied James Spears' objections to sharing monetary control over the conservatorship with a financial institution, Bessemer Trust, appointed last year as co-conservator.


Attorney David Esquibias said, “It appears that the court lacks some confidence in the father.” Esquibias was the lawyer who represented actress Amanda Bynes in her 2014 conservatorship case. “There must be some level of conflict and some lack of confidence in the father’s financial decision making.”


Photo: Courtesy of Britney Spears | Instagram


Britney Spears who recently made headlines as subject of the Hulu documentary, “Framing Britney Spears”, which depicts the singer as a powerless subject of a secretive 2008 conservatorship following what has been described as a public mental breakdown.


The singer’s father, James Spears, took over as a sole conservator in 2019 following the exit of attorney Andrew Wallet. Britney Spears and her friends and fans have all made it clear they mistrust Britney’s father, and the star has long wanted him removed from the role.


James Spears’ lawyer, Vivian Thoreen, said in a statement on Thursday that he would work with Bessemer “in the best interests of his daughter.”


“My client Jamie Spears has diligently and professionally carried out his duties as one of Britney’s conservators,” Attorney Thoreen said, “and his love for his daughter and dedication to protecting her is clearly apparent to the court.”


Attorney Tamar Arminak, a conservatorship lawyer who worked with Byne’s parents said, “The judge is starting to listen to Britney.” However, Arminak said, the arrangement indicates that James Spears will continue to oversee his daughter for some time.


“I think what the court did was not indicative of removing Jamie at any point in time,” Arminak said. “I think there’s a reason in place why they’re keeping Jamie Spears as the conservator.


"It could be as simple as oversight and not overcharging or taking advantage of Britney or it could be long term. Based on that undisclosed information, there is a clear reason why she (Penny) still believes it is in Spears’ best interest to have Jamie as a conservator."


Although Thursday’s ruling was not a complete victory for Britney Spears but signals “the court chipping away at the sole control that Jamie has enjoyed over Britney and her affairs for the past many, many years,” said Scott Rahn, a Los Angeles conservatorship, trust and probate attorney, who was not involved in the Spears’ case.

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