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Michael Jackson avoided a much-anticipated appearance in London's High Court by reaching an out-of-court settlement with Sheik Abdulla bin Hamad Al Khalifa, the prince of Bahrain, who was suing him for $7 million...

Author: /time Magazine | Title: Michael Jackson Settles Out of Court with Sheik | 11/24/2008 | See Source »

...defense also called upon Grace Rwaramba, nanny to Jackson's three children, to demonstrate that the sheik was a generous benefactor who was eager to lavish Jacko with gifts...

Author: /time Magazine | Title: Michael Jackson Settles Out of Court with Sheik | 11/24/2008 | See Source »

...courtroom thriller began last Thursday. Al Khalifa, 33, testified that Jackson, 50, reneged on a contract for a new album, an autobiography and a stage play after accepting millions of dollars in advances. The sheik said that in addition to covering Jacko's living and travel expenses during his year-long stay in Bahrain, he built the singer a recording studio, spent more than $300,000 securing him a "motivational guru" and gave him $250,000 in cash so Jackson "could entertain his friends at Christmas." Jackson has maintained that these were gifts from the Arab prince, an interpretation...

Author: /time Magazine | Title: Michael Jackson Settles Out of Court with Sheik | 11/24/2008 | See Source »

...became intertwined in June 2005 after Jackson was cleared of charges that he molested a 13-year-old boy in California. That trial left Jackson, once one of the world's wealthiest entertainers, in financial tatters. Al Khalifa offered Jackson refuge in his oil-rich Gulf state and, the sheik's lawyer said, footed Jackson's $2.2 million legal bill...

Author: /time Magazine | Title: Michael Jackson Settles Out of Court with Sheik | 11/24/2008 | See Source »

...court on Thursday, Jackson's lawyers argued that the sheik's case was based on "mistake, misrepresentation and undue influence" and in their defense planned to demonstrate that Al Khalifa exploited Jackson's vulnerability and lack of business sense. (See the top 10 Michael Jackson moments...

Author: /time Magazine | Title: Michael Jackson Settles Out of Court with Sheik | 11/24/2008 | See Source »

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