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Britney Spears, financial firm asks for withdrawal Conservatorship

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Britney Spears, financial firm asks for withdrawal Conservatorship

LOS ANGELES: On Thursday, after a testimony by the pop-super star that it opposed the deal, Bessemer Trust, a wealth management company that had been taken over as co-conserve Britney Spears’ estate, requested that its court abandon the matter.

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Spears, 39, told the court last week she thought that in 2008 it had been an abusive legal arrangement. The singer from Stronger stated that she was obliged to take lithium to prevent her and to marry and remove an antibiotic device to have a kid.

Last year, Los Angeles Court Superior Judge Brenda Penny ruled that Bessemer Trust should be appointed as co-conservative with her father, Jamie Spears, for the financial assets of Spears of some US$60 million.

Spears’ assets or fees were not taken by the financing firm, because it was waiting for additional court paperwork authorizing the company to take action. These were submitted on Wednesday.

In a Thursday appeal before the Court, the Bessemer Trust requested the judge to grant the resignation, noting the “changing circumstances,” including the “conservationist claiming that the interest of the judge was irreparable.”

Britney Spears started last year with a legal process to get her dad Jamie Spears out of her business firm. This request was refused by the judge.

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In 2008, after being hospitalized for psychiatric care, Jamie Spears was appointed as conservative for her daughter’s affairs.

Fans with the #FreeBritney Social Media hashtag have been the subject of a vociferous campaign by the conservatories. – Reuter – Reuter

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