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Saturday, November 29, 1997 Published at 14:45 GMT



UK

Princes will not benefit from Diana souvenirs

The money from souvenirs of Diana, Princess of Wales, will not go to her children, lawyers acting for their guardian, John Major, have insisted.

The former Prime Minister instead aims to ensure that Diana's charities are the chief beneficiary of her image, the lawyers said.

A statement from the law firm, Boodle Hatfield, acting on Mr Major's behalf, said the court action was necessary to protect her trademark.

"The priorities are to ensure the protection of the princess's name and to have the adequate legal moves to manage the licensing of the trademark," the statement read.

"In particular, we want to ensure the quality of the memorabilia and make sure the charities properly benefit."

Mr Major has been appointed to act as a special guardian for Prince William and Prince Harry, in dealing with legal issues involving the princess's estate.


[ image: Diana will help charities long after her death]
Diana will help charities long after her death
Diana had not amended her will to account for the 17m divorce settlement she received from Prince Charles in 1996. It is estimated that her estate is now worth 21m whilst her will puts the value at 1m .

The three law firms which deal with the administration of the princes' estate, Boodle Hatfield, Mishcon de Reya and Lawrence Graham, have issued a joint statement regarding the legal situation:

"The application would deal with circumstances which could not have been foreseen: first, to ensure that appropriate additional trusts and powers for the benefit of Prince William and Prince Harry, whose interests are thereby protected, including powers to benefit charity, are conferred.

"Second, the executors would welcome further additional administrative powers to enable them to control and police the intellectual property rights now held by the estate."

The statement also said that lawyers Mishcon de Reya, who act for the Diana, Princess of Wales Memorial Fund, plan to stand down from also acting in general for the executors of the estate. This is intended to ensure that there is no conflict of interest in the future.

Mr Major will go to court in December.






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