A hearing will be held on July 14 on whether to grant Bessemer’s request, the same day that Jamie Spears has asked the court to hold a formal hearing on Britney’s allegations of abuse and mistreatment under the conservatorship. Bessemer’s request comes a day after the court formally appointed the financial institution to serve as the co-conservator of Britney’s estate. Tags: Glowacki personally signed Bessemer’s resignation letter on July 1, and attorneys representing the company filed an emergency petition with the court asking for them to be allowed to immediately drop out of the case. He said when they originally agreed to come onboard, they were told that the conservatorship was “voluntary” and that Britney consented to the bank’s appointment. That same day, the judge denied Britney’s request to suspend her father for managing her money on Bessemer’s appointment. Related

Iggy Azalea Backs Up Britney Spears’s Claims About Her Father’s Abuse

Jamie Spears Will Stay on Britney Spears’s Conservatorship

Now Britney Spears’s Conservators Are Turning on Each Other

What Happens to Britney Spears Now? Jeff Glowacki, a managing director at Bessemer Trust, submitted a declaration to the court stating that he was personally contacted by Britney’s court-appointed attorney Samuel Ingham asking for the bank to act as co-conservator of Britney’s estate. Attorneys for Bessemer filed the “exigent” request on Thursday, July 1, in Los Angeles Superior Court, asking the court to allow it to resign “due to changed circumstances,” effective immediately. It would seem, after hearing Britney’s explosive testimony on June 23 about wanting to end the conservatorship entirely and alleging other abuses, that Bessemer immediately wanted out. First her father Jamie Spears and Jodi Montgomery, currently sole conservator over the singer’s person, blamed each other for failures in the conservatorship after Britney’s explosive June 23 testimony to the court. Britney, 39, has been under the control and care of a conservatorship, predominantly overseen by her father, since 2008. According to court documents filed by Bruce Ross, an attorney representing Bessemer, the company “heard [Britney] and respects her wishes,” and that due to these “changed circumstances [Bessemer] is tendering its resignation.” Ross also told the judge that, due to the fact Bessemer had just been formally appointed, had taken no action as her conservator, and had received no fees or any of her assets, the company wanted to immediately resign. Glowacki said that after hearing Britney’s testimony, he learned that she not only objects to the continuance of the conservatorship, but also desires for it to end, according to his declaration filed with the court. The appointment of Bessemer was originally agreed upon by all parties on November 10, 2020, but the appointment wasn’t official until June 30, when it was signed by Judge Brenda Penny. And now Bessemer Trust, the private wealth-management company appointed to co-manage the singer’s assets along with her father, has asked the court to “immediately” allow it drop out of Britney’s conservatorship case. Photo: Evan Agostini/Invision/AP/Shutte/Evan Agostini/Invision/AP/Shutte

The walls around Britney Spears’s conservatorship appear to be crumbling by the minute.