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"&lt;img vspace=\"0\" hspace=\"0\" border=\"0\" align=\"right\" alt=\"Michael Jackson's Music May Get Second Chance\" src=\"http://ll-media.tmz.com/2009/12/21/michael_jackson_getty_52619757_ex-1.jpg\" title=\"Michael Jackson's Music May Get Second Chance\" /&gt;&lt;strong&gt;Michael Jackson&lt;/strong&gt;'s estate executors want to breathe new life into an incredibly valuable asset -- the heavily-collateralized &lt;strong&gt;MIJAC Music Catalog&lt;/strong&gt;.&lt;strong&gt;&lt;br /&gt;&lt;/strong&gt;&lt;br /&gt;The Catalog -- valued this year at around $100 million -- was used by Michael Jackson to secure at least two big loans.&lt;br /&gt;&lt;br /&gt;According to legal docs obtained by TMZ, co-executors &lt;strong&gt;John Branca&lt;/strong&gt; and &lt;strong&gt;John McClain&lt;/strong&gt; have entered into negotiations with a bank to restructure the two loans with more favorable terms. The new terms could save the estate a fortune."^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.tmz.com/2009/12/21/michael-jacksons-executors-mijac-music-catalog-john-branca-john-mcclain-legal-docs/3/>