Michael Jackson Neverland Creditor's Claim
Originally posted 48 minutes ago by TMZ Staff
TMZ has obtained a new creditor's claim filed in the Michael Jackson estate case, in which a lending company is asking for $4,580,000 for services connected with the refinancing of Neverland.
Jon Divens, the lawyer for the creditor, tells TMZ ... Michael refinanced Neverland in 2007 and got $45,000,000. The lending company -- Genesis Group International -- claimed Jackson agreed to pay the Group 10% of the loan amount plus fees, totaling $4,580,000.
Genesis claims it made a demand for payment this year but never got paid.
There's an interesting history with the guy who owns Genesis -- Kevin Kinsey. In 2008, there were reports that Kinsey had falsely represented himself as a representative of MJJ Productions in an effort to secure funding to get the re-fi.
A source connected with the estate tells TMZ ... without commenting on the merits of the claim, Genesis missed the deadline for filing a creditor's claim.
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I googled Genesis International Group and found one website said "coming soon" and another is a synthetic hair product company!!
Just another "HOAX" clue!
Kevin D. KinseyVisionary Entrepreneur and Philanthropist
Greater Los Angeles Area
Current * President & CEO at Exodus Entertainment Studios
* President & CEO at Genesis Group InternationalEducation * Loyola Marymount University
* University of California, Los Angeles
SummaryKevin D. Kinsey is Founder, President & CEO of the Genesis Group International and Exodus Entertainment Studios. Kinsey has dual responsibilities of the day to day operations of an entertainment financing and distribution company in conjunction with the responsibilities of a development, financial advisory and marketing firm. After earning a B.A. in Political Science, this 1985 UCLA graduate manages and finances mergers & acquisitions for hard assets and syndicated projects and implements financial budgets and marketing plans under Genesis client relationships. Kinsey advised clients Dr. Kenneth Ulmer and the Faithful Central Bible Church in the purchase the Great Western Forum and served as Lead Negotiator and Advisor to Michael Jackson for the MJJ/Neverland/AVT Music Composite Debt Restructure. Under Exodus client relationships, Kinsey assists filmmakers, television producers and musical talent with obtaining creative financing and distribution for their projects. He has represented clients such as actress Halle Berry, director John Singleton, music artists Coolio, Bone Thugs & Harmony, members of the famous Jackson Family, and actor-comedian Eddie Griffen. Exodus has structured a placement of funds for films with budgets capitalized at $10 million for debt funding and distribution. Kinsey completed graduate studies at Golden Gate University Graduate School of Business Administration, the UCLA School of Film and Television, USC Special Studies and holds an MBA in International Media from the Graduate School of Business Administration and Communication Arts at Loyola Marymount University (LMU). Philanthropically, Kinsey has served and currently serves as a member to the LMU African American Alumni Association Board of Directors, the Los Angeles Metro Area United Negro College Fund Board of Directors, the African American Achievers Network Board of Directors and Past Province Polemarch of the Western Province of Kappa Alpha Psi Fraternity.
Kevin D. Kinsey’s Specialties:International Business Finance for Mergers & Acquisitions and Venture Capital, Chief Contract Negotiator and Lead Advisor for Syndicated Commercial Capital Projects in Media and Entertainment. Executive Producer and Producer of Films and Television Projects. Executive Director of Special Events and Promotions. Philanthropist of Scholarship Endowments and Community Service & Social Action Projects.
Kevin D. Kinsey’s Experience* President & CEO Exodus Entertainment Studios(Entertainment industry)
January 1999 — Present (11 years 6 months)
*President & CEO Genesis Group International(Investment Management industry)
May 1985 — Present (25 years 2 months)
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LoginKevin D. KinseyOmni Media Worldwide Inc.Los Angeles, CA
A-MAN - Board of Directors - [Cached Version]
Published on: 8/5/2008 Last Visited: 8/5/2008
Kevin Kinsey CEO Genesis GroupYou are not allowed to view links.
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LoginExodus Entertainment Bancorp6601 Center Dr W
Los Angeles, CA 90045
310-348-8193
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LoginKevin Kinsey is involved in Films/movies and other entertainment venturesHollywood Black Film Festival's 2nd ANNUAL FILM FINANCE & DISTRIBUTION SUMMIT
"Informing. Inspiring. Empowering."[youtube:2atwaw0s]http://www.youtube.com/watch?v=xZjsVkvu-SQ[/youtube:2atwaw0s]
9:00 am Session 1Raising Money For Movies: Piecing Together the Financing PuzzleWhere's the money and how can you get it? This panel features leading film financing professionals (bankers, lawyers, wall streeters) who will discuss what sources of financing are available to independents. They will offer creative strategies on how you can raise money for your movie -- from investor financing (private equity capital), hedge funds and bank financing to co-productions, foreign pre-sales and tax incentives.
MODERATOR: ? Darrell D. Miller, Esq., Miller & Pliakas LLP
SPEAKERS:Kibi Anderson, Relationship Manager, Broadway Federal Bank
D. Jeffrey Andrick, Managing Director, Continental Entertainment Capital
Steve Belser, Independent Financier
Kevin D. Kinsley, President, Exodus Entertainment Bancorp, Inc.Adrian Ward, VP Entertainment, Sports & Media Group, Israel Discount Bank of New York
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LoginBlogTalk RadioEPISODE NOTES Host Name: Tanya Kersey
Show Name: Financier Kevin D. Kinsey on "Inside Urban Hollywood" Date / Length: 19/05/2008 20:00 - 1 hr 30 min
Length: 1 hr 30 min
Description:Kevin D. Kinsey will appear on "Inside Urban Hollywood" with host Tanya Kersey on Monday, May 19, 2008, at 8pm PST/11pm EST, to discuss creative film financing and distribution for independent filmmakers. Kevin runs Exodus Entertainment Bancorp, Inc. which specializes in production finance and distribution for film and TV. He has structured a feature film finance facility placement of funds for projects with budgets capitalized at $10 million.
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LoginCan't seem to find much out about the companies he is involved with.Twitter:You are not allowed to view links.
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LoginFollows Randy Jackson no significant tweets
The lawyer mentioned is Jon Divens
First please click the link to check out the intro on his legal office website!You are not allowed to view links.
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LoginHe is also a television and film PRODUCERJon DivensProducers GuildJON DIVENS, ESQ. You are not allowed to view links.
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LoginCALIFORNIA STATE BARAdmitted 1990; United States District Court, 1990; Tax Court, 1990 Registered Tax Agent, Internal Revenue Service, 1990 Member: Producers Guild
EDUCATIONUCLA SCHOOL OF LAW, Jurist Doctor UCLA Undergraduate
HONORS
Deans Honor List UCLA
EXPERIENCELAW OFFICES OF JON DIVENS, ESQ. 1992-PRESENT
Film and Television Producer: Teenage Paparazzo, 2010
Warner Brothers: Created and Produced the BLADE Franchise Walt Disney Company: Created and Produced The John Wooden Story,� My Wife and Kids�, A Cinderella Story staring Brandy and Whitney Houston
RELATED
Clerk: California State Court of Appeals, Second Appellate District Litigation Researcher for the California State Public Criminal Defenders Office
Internal Revenue Service, Entertainment Business taxation
Advised entertainment corporations on compliance with federal tax code laws
OTHER EXPERIENCE:
U.S. Military: Honorable Discharge, Awarded Medal of Distinction
REFERENCES
Dr. Winston Doby, Vice- Chancellor UCLA
FilmBLADE Producer Warner Bros
BLADE 2 Producer Warner Bros
House Of Grim Producer Warner Bros
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LoginTMZ.com is a celebrity news web site which debuted on November 8, 2005. It was a collaboration between America Online (AOL) and Telepictures Productions, a division of
Warner Bros., until Time Warner divested AOL in 2009. The site is now under the sole control of Warner Bros.
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