Britney Spears Legal Drama: Bessemer Drops Out As Co-Conservator, Doesn't Want To Deal With Singer's Dad Jamie
July 1 2021, Published 3:06 p.m. ET
Britney Spears' dad Jamie Spears will remain the sole conservator of her estate, at least for now.
That's because the financial institution appointed by a judge to serve as co-conservator alongside Jamie is bailing.
According to reports, the company doesn't want to deal with the singer's father or the controversy surrounding the conservatorship -- especially after hearing Britney's emotional testimony last week.
Sources allege Bessemer Trust has decided not to get involved in Britney's conservatorship, calling the circus behind the drama a "hornet's nest."
Insiders claim Jamie Spears has a lot to do with the financial institution bailing. To put it plainly, the company reportedly doesn't want to deal with the star's controversial father.
Bessemer Trust also allegedly has an issue with Britney's lawyer, Sam Ingham. Based on those reasons, it's reportedly rejecting the title of co-conservator over multimillion-dollar Britney's estate.
The decision leaves her dad in charge, despite Britney's clear message that she wants Jamie out.
As Breaking Celebrity News reported, Ingham filed documents in November asking the court to oust Jamie from the conservatorship.