Anna Nicole Smith’s Estate Loses at High Court on Fortune
This article is for subscribers only.
The U.S. Supreme Court upheld a ruling that gave Anna Nicole Smith’s estate nothing from the $1.6 billion fortune left by J. Howard Marshall II, the former Playboy model’s late husband.
The justices, voting 5-4 in a case that limits the power of federal bankruptcy judges, today rejected claims stemming from a half-billion-dollar trust Smith said her husband, a Texas oil tycoon, sought to set up for her before his 1995 death. Smith had accused her late stepson, E. Pierce Marshall, of illegally interfering with the trust.