Jackson 5 Reunion Still Not Set as Michael, Promoter Square Off

Despite King of Pop claiming he would now do a show with his family, promoter says nothing is official

The glove might be retired, but the suit's still on.

While Michael Jackson was videotaped telling a TMZ cameraman that, in a major 180, he would be performing at a Jackson 5 reunion, organizers for the event say they have yet to hear officially from the Moonwalker—and they are still planning to sue his sequins off.

"We have no confirmation that Michael is still planning on doing the show," Patrick Alloco, a partner of AllGood Entertainment, tells E! News.

Last month, the promoter threatened to file a lawsuit against Jackson, alleging he reneged on an agreement to perform at Texas show with his brothers and sister Janet. The contract (which reportedly paid Michael $3 million and $500,000 for each of his siblings) was signed by the King of Pop's former manager, Frank Dileo.

Alloco says his company is putting the finishing touches on the suit and he expects it to be "filed soon."

At the center of the contract in question is a noncompete clause forbidding the "Thriller" perpetrator from performing anywhere else in the world for 18 months surrounding the reunion gig, tentatively slated for July 3, 2010. That would render Jackson's ballyhooed 50-date London comeback concert series, set to kick off this summer, a major violation.

However, it appears AllGood may be willing to make a new deal.

Alloco says that if Jackson agrees to take part in the reunion, AllGood will call off the dogs.

"Nobody wants to go to court," the promoter says. "I think the whole thing all along is that we want our date in Texas and that's what we are interested in. We were willing to work around the London shows if he was willing to [do] the reunion show with us. That's all we are asking."