Estate of Denial: “Courtney Love’s control over the estate of Kurt Cobain continues to slip. In 2009, Cobain’s drug- and alcohol-troubled widow lost custody of their only daughter, Frances Bean Cobain. Now, according to sealed documents exclusively obtained by The Fix, 19-year-old Frances has taken over control of the publicity rights for the Nirvana icon’s name, likeness and appearance.
“Publicity rights are potentially worth a fortune,” says Jonathan Faber, an attorney and managing partner of Luminary Group, who once represented Kurt’s estate in policing copyright infringement and investigating licensing opportunities. “They amount to the intellectual property rights.”
The documents show that Love agreed to step down as Acting Manager of End of Music LLC—the business entity responsible for generating cash from Cobain’s publicity rights—once she’d received a $2.75 million loan from Frances’ trust fund in 2010. The massive loan was transferred from Frances’ fund to EOM in Los Angeles, and then into an account held by Courtney’s then-lawyers, Pryor Cashman, in New York. Until Courtney pays it back, she won’t receive a dime from Kurt’s name, likeness or appearance from the deals formed by Frances and her advisers since December 2010.”