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The legal battle over Britney Spears' conservatorship moved forward on Wednesday.
A judge granted Bessemer Trust's request to resign as a coconservator of her estate.
Her father is now the sole conservator of her estate and Jodi Montgomery tends to her personal life.
During the latest hearing in the legal case for Britney Spears' conservatorship, a judge granted Bessemer Trust's petition to resign as one of the overseers of her financial estate.
The conservatorship, which was enacted in 2008, for Spears is divided into two branches: One oversees her estate (which includes her financial affairs and business), and the other is for her personal matters.
Before Wednesday's hearing, Spears' father, Jamie, was a coconservator of her financial estate alongside Bessemer. But the company filed paperwork on July 1 requesting to resign from the pop star's guardianship.
Bessemer Trust was appointed by the court to be a coconservator in November but had not yet started its duties, nor received any assets or taken any fees, according to The New York Times.
With Bessemer officially out of the picture, Jamie Spears is the sole overseer of his daughter's estate.
The personal branch of Britney Spears' legal guardianship is overseen by Jodi Montgomery, who said on July 5 that she had no intentions of resigning.
A representative for Montgomery told Insider in a statement that Spears had asked Montgomery to remain in her role as her conservator.
"Ms. Montgomery will continue to serve as a conservator for as long as Ms. Spears and the Court desire her to do so," a statement provided by Montgomery's lawyer said.
During the hearing on Wednesday, Spears again requested for Montgomery to remain in her role as a coconservator.
This is a fast-moving legal case, which means Jamie Spears may not remain his daughter's sole financial conservator for long.
In a June 23 testimony, Britney Spears verbally requested that the entire conservatorship come to an end. As of Wednesday, no formal paperwork had been filed to this effect. On Wednesday, Spears repeated the request and asked for abuse-of-conservatorship charges to be pressed against her father.
But Spears' previous court-appointed lawyer Samuel Ingham III was granted permission to resign at Wednesday's hearing.
Spears selected Mathew Rosengart, a prominent Hollywood attorney who has represented celebrities like the actor Sean Penn and the famed filmmaker Steven Spielberg, as her counsel, which means she could be one step closer to formally petitioning for the removal of her conservatorship.
She shared harrowing testimony on Wednesday, alleging years of abuse from her father that resulted in "abandonment issues" and expanding on accusations she brought up on June 23.
Rosengart asked the court on Wednesday why Jamie Spears hadn't voluntarily removed himself from the conservatorship in light of the allegations.
Last year, Britney Spears' conservatorship was extended four times.
"He is sorry to see his daughter in so much pain. Mr. Spears loves his daughter and misses her very much," Vivian Lee Thoreen said on Jamie Spears' behalf in a statement to the court, according to the report. Jamie Spears' legal team did not object to Britney Spears' new legal representation.
Read the original article on Insider