Prince’s Heirs Lose Bid to Remove Comerica Bank as Head of Trust

EXCLUSIVE
Prince
Mega

A judge has shut down Prince‘s heirs in their attempt to have Comerica Bank removed as the administrator of Prince’s trust.

According to court documents obtained by The Blast, the court also appointed a mediator to “ensure a high level of communication between the Personal Representative [Comerica] and the heirs.”

In trying to have Comerica Bank removed, the heirs alleged that they failed to protect and manage Prince’s assets, did not protect the music catalog from unauthorized use, and lacked the “necessary business expertise” to “navigate the needs of the Estate in the entertainment industry.”

Two of Prince’s half-sisters, Sharon and Norrine, alleged a representative of Comerica threatened Sharon during a meeting earlier this year. Comerica denied the allegation and Prince’s half-brother Omarr said he was at the meeting in question and did not observe any physical confrontation.

As The Blast previously reported, the heirs and Comerica previously battled over the location of Prince’s vault and whether it was in harm’s way of the California wildfires. The judge ruled on Comerica’s behalf and issued a testy letter in response, saying, “The Court strongly condemns bringing this matter before the Court without adequate discussion between the parties and will sanction a party for doing so in the future.”