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Michael Jackson's auction called off following settlement

(Agencies)
Updated: 2009-04-15 09:10

One of Michael Jackson's jackets is displayed in Beverly Hills, California April 13, 2009. [Xinhua]

LOS ANGELES – Michael Jackson's glove is not going once, going twice — or going anywhere.

A scheduled auction of the pop singer's possessions was called off Tuesday after Jackson and Julien's Auction House reached a settlement to their dispute over whether 2,000 items from Neverland Ranch were ever intended for sale.

Michael Jackson memorabilia is displayed at the Hard Rock Cafe New York at Times Square in March 2009 in New York City.[Agencies]

Specific terms were not disclosed. But in short, Jackson keeps his things, while Julien's keeps its exhibition, which was open to the public and originally meant to promote next week's sale.

"There was so much interest from so many of Jackson's fans that instead of putting the items in the hands of private collectors, Dr. Tohme and Julien's Auction House have made arrangements that will allow the collection to be shared with and enjoyed by Jackson's fans for many years to come," read a joint statement from Jackson spokesman Dr. Tohme R. Tohme and auction organizer Darren Julien.

Jackson's production company, MJJ Productions, sued Julien in early March, seeking to halt the sale by arguing that Jackson hadn't authorized it. Julien maintained that the auction house was contracted by Jackson's production company to take all of the items from Neverland with the intention of selling them all beginning April 22.

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