Wednesday, August 17, 2016

Suit Over MLK's Nobel Peace Prize Medal Settled

Reuters reports that Martin Luther King, Jr.'s heirs have settled their dispute over who owns MLK's 1964 Nobel Peace Prize medal.  As previously reported, Bernice King has been seeking to prevent her two brothers (who control the King estate) from selling the medal and MLK's famous "traveling Bible."  Last month the court ruled that the Bible belongs to the estate.  In an order signed on Monday-- the day trial was scheduled to begin-- the court approved a motion filed by all the parties to dismiss the remaining litigation and turn over the keys to the safe deposit box where the medal is held to Martin Luther King III who controls the estate. In a joint statement, the siblings said that former President Jimmy Carter had assisted them in coming to an agreement.