Britney Spears’ father will remain in control of the pop-tart’s $40 million fortune, a judge ruled yesterday.
With the pop star committed to a psychiatric hospital for the next 14-days, her new attorney Adam Streisand represented the pop-star in an effort to overturn Friday’s ruling which saw Jamie Spears and his legal representative, Andrew Wallet, take control of his the singers financial affairs.
According to TMZ.com, Streisand asked for Spears' business manager, Howard Grossman, to be named conservator.
In his bid to have the ruling overturned, Streisand - who is a second cousin to singer/actress Barbara Streisand - told the court his client's estate is worth $40 million and he revealed she is currently in the middle of a $17 million tax audit.
He also made a point to state that Spears has become even more 'distressed' since Friday's ruling.
"She has expressed a very strong desire that her father not be appointed conservator," said Streisand. "He has been estranged from her and this is causing her even more stress."

Ejected - Adam Streisand leaves a Los Angeles courthouse after losing his bid to overturn Friday's ruling.
However the judge quickly quashed his bid, ruling that the matter will be revisited at a hearing on 14 February.
TMZ.com also report that the judge told Streisand - who admitted he has been "denied access" to Britney and would not say how he has been retained - had no legal basis for claiming he's Britney's new lawyer.
Amongst other things Spears’ father was not given power to fire Trope and Trope, who represented Britney throughout her divorce/custody battles.

Verdict - The judge ruled that the Toxic singer's father will remain in charge of her finances.
The court also concluded that the imposed restraining order on Spears self-proclaimed manager, Sam Lutfi, will remain in force.
Meanwhile the Gimme More singers other attorney, Anne Kiley, was in court for the latest hearing into Spears' child custody battle with ex-husband Kevin Federline and his attorney Mark Vincent Kaplan.
That hearing was quickly rescheduled to 19 February.
Outside the court, a Kaplan revealed his frustrations surronding their ongoing custody battle, "It's a very fluid landscape that's changing day by day."



























