The song was originally intended as a duet between Prince and MJ
The staggering figure is due to "debt and creditors' claims", amongst other expenses
The actor reflected on the casting in a new documentary about Tim Burton
"For the first time … generations of moviegoers will come together to experience an inside look at the most prolific artist who ever lived"
The production is set to run until September
The item is expected to fetch between $300,000 and $500,000
Other new additions to the cast include Larenz Tate as Motown Records founder Berry Gordy and Kendrick Sampson as industry icon Quincy Jones
The filing is thought to stem from Katherine Jackson's opposition to a $600million (£475million) deal with Sony for half of the late pop legend's catalogue
The 22-year-old doesn't want Katherine Jackson using money from Michael's estate to fund an appeal of a court ruling
"Jackson is only ever seen caring for children"