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From CNN:

ATLANTA, Georgia — A judge has ordered the children of the Rev. Martin Luther King Jr. to meet in their capacity as the sole shareholders of the corporation that manages their iconic father’s estate.

King’s children were in Fulton County, Georgia, Superior Court Monday in a dispute over their parents’ estates.

Two children of the civil rights icon are suing their brother, accusing him of wrongfully taking money from their parents’ estates.

The Rev. Bernice King and Martin Luther King III allege Dexter King took “substantial funds” out of Coretta Scott King’s estate and “wrongfully appropriated” money from their father’s estate.

Dexter King has publicly denied the accusations.

It was unclear what outcome having a shareholder meeting for the Estate of Martin Luther King Jr., Inc. would have on the dispute. The three siblings have not held such a meeting since 2004, corporation attorney Luke Lantta said. The removal of Dexter King as the estate’s administrator is unlikely because that would require a meeting of the board of directors.

Judge Ural Glanville on Monday also ruled in favor of dismissing some of the allegations against Dexter King, but left the question of whether he failed to act in the best interest of his father’s incorporated estate to a jury. A trial on the allegation of breach of fiduciary duty could happen as early as next month.

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Tags: Court, Martin Luther King jr.
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  • http://www.blackplanet.com/Da_J_Rok/ Da_J_Rok

    Comment from the post above “It was unclear what outcome having a shareholder meeting for the Estate of Martin Luther King Jr., Inc. would have on the dispute. The three siblings have not held such a meeting since 2004, corporation attorney Luke Lantta said. The removal of Dexter King as the estate’s administrator is unlikely because that would require a meeting of the board of directors.”

    So why post this article if its a stalemate and who cares, they turning they Fathers legacy into a Corporation. So much for “I Have A Dream”

  • http://www.blackplanet.com/2LeTTeRS_KD/ 2LeTTeRS_KD

    Having your children fight over your estate is probably the saddest thing that can happen to a family. These cases normally have people on both sides trying to dig up all the family’s past and accusing each other of stealing to get more money, and that never turns out good. Hopefully the King family can get past whatever problems their dealing with and unite again.

  • http://www.blackplanet.com/dacrush012/ dacrush012

    I did not read the article, the title is enough to drive you bananas… lol

  • http://mybaltimorespirit.com/mlk%e2%80%99s-children-settle-lawsuit-over-estate/ MLK’s Children Settle Lawsuit Over Estate | WWIN-AM

    [...] Martin Luther King, Jr.’s Kids Go To Court Over His Estate [...]

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