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Court: Anna Nicole Smith’s Estate Gets Nothing From Oil Tycoon’s Fortune
A federal appeals court ruled Friday that the estate of late model, reality TV star and one-time Mexia resident Anna Nicole Smith will receive none of the more than $300 million that Smith claimed her late billionaire husband promised her.
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SAN FRANCISCO (March 19, 2010)—The 9th U.S. Circuit Court of Appeals in San Francisco ruled Friday that the estate of the late model, reality TV star and one-time Mexia resident Anna Nicole Smith will receive none of the $300 million that Smith claimed her late billionaire husband J. Howard Marshall promised her before he died at 90 in 1995.
The ruling was the latest development in a 15-year legal battle over Marshall’s $1.6 billion estate.
Smith married Marshall the year before he died and maintained until her death of a drug overdose in 2007 that he promised to leave her more than $300 million.
A Texas state court ruled against Smith and in favor of his son, E. Pierce Marshall, who argued that the model should receive nothing, but a federal bankruptcy court in Los Angeles later awarded her $474 million.
A U.S. District Court later reduced that award to $89 million.
The appeals court ruled Friday that the Texas jury's 2001 verdict
should be honored because it had heard from all parties during a
five-month trial.
The appeals court says subsequent federal court decisions that
granted Smith various parts of Marshall's fortune should be
ignored.
Lawyers for the son's estate say they hope the litigation is at an end with Friday's ruling.
Howard K. Stern, Smith's lawyer-turned-boyfriend, had said that Smith’s daughter would be the sole beneficiary of Smith's estate.
Latest Comments
Trash, trash, trash....who cares about Anna Nicole Smith anyway?!?
GOOD! His family deserves it!
ROTFLMAO. hahahahahahahahahahahahahahahahahahahahahaha
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