LIVE – Hallyday: Bank of America Manages Johnny's Trust in the USA Announces Resignation from Legal Proceedings in France



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10:44: Hearing resumes – Laeticia Hallyday's lawyers want to speak first

10:25 AM: Laeticia's lawyer asks for a "short" dismissal. The President retires again to deliberate

10:23 am: The referral request is refused by the Court

10:22: At the Tribunal Laeticia's lawyer explains that finding a new trustee is going to take "months" and that they need time to take the consequences of this resignation, he ask for the referral of the case.

10:10: Bank of America, which manages Johnny's trust in the USA, has resigned in the face of court proceedings that do not wish to be involved in the lawsuit.

The Bank of America lawyer who managed Johnny's trust announces that the trustee resigned six days ago and is therefore asking for a stay of proceedings.

8:11: A year after his death, the Hallyday clan continues to tear up around his will. A civil hearing is scheduled this morning in urgent (referred) to the Tribunal de Grande Instance (TGI) of Paris. A new round in the war between January Laeticia Hallyday, the widow of the singer, and the two older children of Johnny.

Laura Smet and David Hallyday, the singer's two older children, are calling for the suspension of 75% of the income from their father's record sales. They are currently paid to his widow, Laeticia Hallyday. A source close to the record explains that the figure of 75% of the royalties corresponds to the share to be returned to the four children of the singer, if the French law was applied. The spouse is granted 25%.

Three record companies – Warner, Universal and Sony – are involved in the hearing this morning before the judge of the emergency summary of the Tribunal de Grande Instance (TGI) in Paris, after which the decision should be deliberate.

Disillusioned by the American testament of the rocker, owner of a villa in Los Angeles where he resided part of the year, the daughter of Nathalie Baye and the son of Sylvie Vartan are determined to badert their rights in the same way as Jade and Joy, the two girls adopted by their father and his last wife.

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