Jackson estate says it recovered $5.5 million from ex-advisers

The administrators of Michael Jackson’s estate have filed court papers disclosing they’ve recovered $5.5 million in cash from one of Jackson’s "former financial advisers." They expect to present contracts to the court “within the week” that should add “tens of millions of dollars” to Jackson’s estate, which they said is solvent and worth an estimated $500 million, the documents said.

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