If his share of the catalog is worth a BILLION and he owes 270Million... you simply quick fire sell the catalog for 1/2 a Billion and pocket a cool 100 Million after taxes.
Of course, that would be if you were dealing witha reasonable human being.
That wouldn't last him six months!
Pedophilia aside, I have a hard time working up sympathy for a feller who's down to his last few million bucks. Call me again when he's living in a box.
All his assets will get auctioned off and if there is anything left over it will go to Mr. Whackjob's pocket. There it won't last long till his jackals, handlers, have cleaned him out.