Friday, March 19, 2010

Anna Nicole Smith Denied Big Bucks by Appeals Court


Remember the battle over who was the father of Anne’s daughter? Looks like it was much ado over nothing.

People Magazine reports:

A federal appellate court panel ruled Friday that the estate of Anna Nicole Smith is not entitled to any of the millions of dollars left by Smith's late oil magnate husband, J. Howard Marshall, when he died.

The decision comes as another blow to the main beneficiary of Smith's estate: her 3 1/2-year-old daughter, Dannielynn Birkhead.

"It's been a very sort of sad story – so many people involved in this case have died," says Kent Richland, the appellate lawyer for the model's estate. Still, he vows that "this is not the final step" in the legal battle.The appellate court decision is the latest development in a long battle over the fortune left by Marshall, who died in 1995 at age 90. A bankruptcy judge awarded $450 million to Smith, who had been married to him for 14 months. The award was later reduced by a federal district judge to $88 million.

But a Texas probate court then ruled in favor of Marshall's son, Pierce Marshall, who argued there was no provision in his father's will to give Smith anything. Pierce Marshall died in 2006, but his wife, Elaine Marshall, has continued the fight on behalf of herself and her children.
Full story

Via People Magazine

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