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« Live Nation's New Concert App for Facebook Is Actually Pretty Good | Main | Courtney Love Story #1: She's Now Designing Wedding Dresses »
Thursday
May032012

Courtney Love Story #2: The Revenge of Frances Bean

Ever since Kurt Cobain emphatically declared that he no longer wanted to participate in the music business, controlling interest in his estate--including his name, likeness, appearance, image and intellectual property rights--have rested with his widow.  

Since 1994, there are those who say Courtney's custodianship of these valuable assets has been less that, er, responsible.  This includes Courtney's (and Kurt's) 19 year-old daughter, Frances Bean.

Frances and her mom don't seem to get along. Courtney's, um, loopy behavior is at odds with her daughters seemingly more sensible view of the world.

And now, according to The Fix, Frances has acquired control over daddy's legacy.

According to court documents, Courtney agreed to step down from her role as Acting Manager of End of Music LLC (the company that owns the rights to all things Kurt) after receiving a $2.75 million loan from Frances' trust fund two years ago.

That money was transferred to an account created by Courtney's (apparently soon-to-be-ex) lawyers, the firm of Pryor Cashman.  Until Courtney repays the loan, she has ZERO say over anything to do with Kurt.

This has gotta hurt.  Courtney lost custody of Frances before she turned 18.  She doesn't have control over Kurt's stuff anymore.  And she has no say over how any of Nirvana's music is used.

Plus, Courtney is being sued by a former lawyer (a case that has somehow enveloped me--but I've said too much already), has outstanding bills with a security company in New York, allegations of not returning some jewellery that was loaned to her and a pile of other issues.

Read more on this current predicament here.

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