Britney Spears' father agrees to step down as conservator

Britney Spears’ father, Jamie Spears leaves the Los Angeles County Superior courthouse on March 10, 2008.

Valerie Macon | AFP | Getty Images

After months of public pressure, James Spears agreed Thursday to eventually step down as his daughter’s conservator.

“Mr. Spears is willing to step down when the time is right, but the transition needs to be orderly and include a resolution of matters pending before the Court,” James Spears’ legal team said in a court filing. “Mr. Spears intends to work with the Court and his daughter’s new attorney to prepare for an orderly transition to a new conservator.”

The filing claimed there were no actual grounds for James Spears’ suspension or removal and that it is “highly debatable whether a change in conservator at this time would be in Ms. Spears’ best interests.”

No timeline was laid out for the change.

Britney Spears has been under a conservatorship for 13 years, but the pop start has been petitioning for an end to the arrangement. Mathew Rosengart began representing the singer last month. As Britney Spears’ new attorney, Rosengart filed a petition in late July to replace her father with Jason Rubin, a certified public accountant, as the pop star’s sole conservator.

Rubin is a principal at Certified Strategies, a firm that has experience in estate financial management, elder financial abuse investigation, investment fraud investigation and securities litigation.

“We are pleased that Mr. Spears and his lawyer have today conceded in a filing that he must be removed. It is vindication for Britney. We are disappointed, however, by their ongoing shameful and reprehensible attacks on Ms. Spears and others,” said Rosengart, in a statement.

Rosengart’s statement indicated that this is not the end of the legal battle between the two.

“We look forward to continuing our vigorous investigation into the conduct of Mr. Spears, and others, over the past 13 years, while he reaped millions of dollars from his daughter’s estate, and I look forward to taking Mr. Spears’s sworn deposition in the near future,” Rosengart said.

The singer’s assets are valued at more than $50 million. She has made several claims of abuse against her father, alleging he has used the arrangement for personal gain. James Spears has publicly denied these accusations.

This is breaking news please check back for updates.

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