Michael Jackson allows personal items to be auctioned

Star drops court bid to prevent the Las Vegas sale

Michael Jackson has agreed to allow several of his personal items to be sold, dropping a bid to prevent the Las Vegas auction from going forward.

Earlier this year, Jackson attempted to have the items returned to him from a third-party owner, court documents show.

Today, however, Jackson‘s lawyer told a Las Vegas judge that the matter had been resolved.

Lawyers declined to describe terms of the agreement, which was settled in an April 27 lawsuit, reports the Associated Press.

The auction will go forward as planned May 30-31 at the Hard Rock hotel in Las Vegas. Items being auctioned off include Jackson‘s gold record for his 1982 album, ‘Thriller’, handwritten lyrics for The Jackson Five hit ‘ABC’, and his contract for the purchase of his Neverland ranch in Santa Barbara, California.

More than 1,000 Jackson family items will be up for sale, worth an estimated $50 million.

–By our Los Angeles staff.

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