Newsletters

news

Anna Nicole Smith Estate Loses Legal Battle Over Late Husband's Fortune

The Supreme Court invalidates a bankruptcy court's decision to give the now-deceased Smith $475 million from the estate of oil tycoon J. Howard Marshall.

The estate of Anna Nicole Smith has lost its legal battle to claim a portion of the $1.6 billion estate left behind by her late Texas husband, Texas billionaire husband, the Associated Press reported.

The Supreme Court on Thursday invalidated a bankruptcy court's decision to give the now-deceased Smith $475 million from the estate of oil tycoon J. Howard Marshall.

Smith and Marshall were wed in 1994, and he died the next year.

Marshall's will left his estate to his son, E. Pierce Marshall, and nothing to Smith.

The move sparked a long-running and contentious legal battle between Smith and Marshall's son.

After the California bankruptcy court awarded Smith part of the estate, the 9th U.S. Circuit Court of Appeal later ruled that a bankruptcy court could not make a decision on an issue outside of bankruptcy law.

The Supreme Court upheld that ruling Thursday.

Smith died in 2007 from an overdose of prescription drugs. After her death, the legal battle continued in the name of her daughter, Dannielynn, who is now 4 years old.

The Playboy Playmate starred in her own reality series for E! Entertainment, The Anna Nicole Show, and appeared in such films as Naked Gun 33 1/3: The Final Insult.

What do you think?

Advertisement

Previous Story

Diane Keaton Launches Tabletop Line for Bed Bath & Beyond

Next Story

William And Kate's Hollywood Event 'Essentially Sold Out' as Studios Reserve Tables (Exclusive)