Court TV Host: Michael Jackson agreed to pay more than $20 million in 1993 to settle his first molestation suit, according to documents uncovered by Court TV. See Diane Dimond's exclusive report from Tuesday's Catherine Crier Live, watch her second in a series of three special reports on today's program, 5pm ET/PT, and chat live with Diane Dimond about Michael Jackson live online.

Court TV Host: Thank you Diane, for being our guest today.

Diane Dimond: You bet!

Court TV Host: Anything you'd like to say before we begin?

Diane Dimond: Right off the top, let me say that if you've been following my reports, sources tell me that Michael Jackson agreed to pay at least $25 million, not just the $20 million our website says. It had to be more than that too, because I'm not including what Jackson had to pay his defense team.

Question from chromophil: Where does the info come from that Larry Feldman got $5 million and the parents each $1.5 million in 1994? This is NOT in the redacted copy of the settlement agreement.

Diane Dimond: That's correct. That information comes from confidential sources of mine, and, coincidentally, has been confirmed by confidential sources of Maureen Orth's of Vanity Fair magazine. You can see her explain it tonight on Catherine Crier Live at 5pm ET/PT.

Question from jenni: Diane, do you know if the insurance paid the whole amount of the settlement?

Diane Dimond: No, there's no way to tell. But I'm told that maybe more than one insurance company was involved.

Question from kali: Don't you agree that the 20 million dollar settlement makes Michael Jackson look very guilty? How do you think this will affect his case?

Diane Dimond: Well, I must say I never heard of anyone else paying out $25 million on just an ALLEGATION of negligence. I don't know that it will affect the current criminal case, because for 10 years we've heard about this settlement. So, I was just able to tell you the exact amount, but I don't think it will change any juror's minds.

Question from pearl: Diane, were you surprised what constituted "negligence" in that settlement document?

Diane Dimond: In that settlement, there was no definition of negligence, just that Jackson agreed to the allegation of negligence from the civil suit. If you'll look at the civil suit posted on our website, and that is case # SC026226, and look at page 15, paragraphs 44-45, that's the allegation Michael Jackson agreed to pay for. As you can see, it mentions that "Jackson negligently had offensive contacts with plaintiff which were both explicitly sexual and otherwise." My reaction to this is: I can't figure out how someone can be negligently "explicitly sexual" with a child and still deny sexual molestation occurred.

Question from psychocat: Wow, thanks for being here, Diane! How long did it take you to get the document on Jackson?

Diane Dimond: 11 years.

Court TV Host: Does publication of this document now affect any terms of the settlement?

Diane Dimond: It's my understanding that all of the money that was going to change hands has changed hands. It's also my understanding that all the parties are still bound by the confidentiality agreement. It doesn't matter that I've made this public now. They still are not supposed to talk about it. However, keep in mind that a subpoena to testify in a criminal case trumps a confidential civil settlement. If he's subpoenaed, the boy, now a young man, will have to testify.

Question from pearl: Diane, what surprised you the most in that settlement document?

Diane Dimond: I guess the fact that the family agreed to drop six of their seven complaints. They agreed to drop sexual battery, batter, seduction, willful misconduct, intentional infliction of emotional distress... and they allowed Jackson only to pay only on the negligence... Also, I was staggered by the amount of money involved. To actually see it on the paper was stunning. Remember, the $15 million trust fund is an annuity, and sources tell me it is all tax-free money the boy will get for the rest of his life. He takes money from the interest earned, but the principal keeps growing and growing, so he stands to earn millions of dollars more.

Question from Angel: Did the insurance company do an investigation of their own before they agreed to pay?

Diane Dimond: I have no way of knowing that, and I don't know which insurance company was involved. I wish I did.

Question from jenni: Diane, how damaging to Michael Jackson do you think this being revealed is?

Diane Dimond: I've been surprised at the response to this, because again, everyone has heard for ten years about this settlement. I'm not sure that this will change anybody's mind.

Question from donna: Do you think the minor from the 93 "case" will be called to testify?

Diane Dimond: That's the $64,000 question. If he does take the stand, this new document could be used to both strengthen his case and to weaken it. The state could say, look at how much money Michael Jackson paid him.

Question from JpDuke: Diane, was anything done that was illegal in getting this info?

Diane Dimond: The answer is absolutely not. And I understand the Jackson camp is now alleging that I paid "big bucks" for this document. Nothing could be further from the truth.

Question from jackiefly: If the now-adult accuser is subpoenaed in the current case, can he be questioned about the confidential settlement in addition to his interaction with MJ?

Diane Dimond: It's my understanding he can. Again, a subpoena in a CRIMINAL case overrides any other type of agreement anyone might have made.

Question from Incognito: Did you say that an insurance company paid the money? What kind of insurance would that be?

Diane Dimond: Note that Jackson agreed to pay on the allegation of negligence. Check out your homeowner's policy. If you negligently leave out a banana peel that someone trips and falls over, your insurance company will pay out for your negligence. They will not, however, pay out if you committed a crime. That's probably why he agreed only to the negligence claim. So his insurance company would have to kick in.

Question from ty: Are you biased towards M.J because of your own personal experience?

Diane Dimond: A lot of people ask me that question. No. I've never been molested.

Court TV Host: Any closing thoughts?

Diane Dimond: I have to go get ready to do the Catherine Crier show. I hope you'll all watch tonight and tomorrow for the end of my three part series... I'm on in twenty minutes!