While Katherine Jackson, her children and grandkids are putting on stoic public faces — after losing their big case against AEG Live — their attorneys are the ones on the outs. They had taken on the case through a contingency agreement — foregoing any upfront fees in return for a guarantee of a third of whatever the Jacksons were awarded. Of course, as we well know: One-third of nothing is, well, you know…
†Besides all that, there’s word the angry AEG folks are now going to sue Katherine Jackson & Co. to reimburse them for their own legal fees — which run into the millions.