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Jacko Owes Major Money!

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Feb. 24 2009, Published 11:05 a.m. ET

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Michael Jackson's money woes just got worse. After the kooky crooner failed to appear for depositions, an appeals court upheld a decision made by the LA Superior Court that orders him to pay his former legal team about $440,000 dollars.

According to reports, Jacko hired the firm of Asycough & Marar when he was sued by a former business partner for $3.8 million back in 2004. He retained their services in 2005 during his criminal trial but the firm quit when they stopped receiving their paychecks.

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Too "Bad" Michael's not raking in big bucks anymore. Maybe he can ask Janet for a loan?

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