Lawsuit Over Michael Jackson Insurance Settled In California

By | January 17, 2014

A lawsuit over the payout of a $17.5 million policy related to Michael Jackson’s planned comeback concerts has been settled, attorneys told a judge on Wednesday.

Lawyers for Certain Underwriters at Lloyd’s of London and for Jackson’s estate announced the settlement before a hearing that would have altered what evidence could be presented at trial.

Lawyers for the insurer and the estate did not know how the judge was planning to rule before announcing they had resolved the case.

Michael Jackson

Michael Jackson

Lloyd’s sued Jackson’s estate in 2011 seeking to nullify a non-appearance and concert cancellation policy that it issued roughly two months before Jackson’s death in June 2009.

The insurer contended that an examination of Jackson that was required for the policy was not completed and the promoter of the “This Is It” shows did not disclose everything it knew about the singer’s health when it took out the policy.

Howard Weitzman, an attorney for Jackson’s estate, and Paul K. Shrieffer, who represented Lloyd’s, said both sides were pleased the case was resolved. Weitzman said.terms were confidential.

The case, if it had gone to trial, would have put the focus once again on Jackson’s health in the weeks and months before he died. A trial had been scheduled for Feb. 24.

The insurer initially sued Jackson’s concert promoter, AEG Live LLC, but the company was later dismissed from the legal action.

Also on Wednesday, an appellate court unanimously upheld the involuntary manslaughter conviction of Conrad Murray, who gave Jackson a lethal dose of the anesthetic propofol.

In another case, a judge on Monday refused to order a retrial in a lawsuit filed by Jackson’s mother against AEG Live that contended it negligently hired the doctor convicted of killing her son.

The settlement of Jackson’s estate also is pending, with claims by the singer’s former manager yet to be decided.

Latest Comments

  • January 17, 2014 at 2:44 pm
    Scott says:
    Kudos to the judge for shutting down yet another attempt by his mother to bleed as much out of this thing as she can. Hopefully, all the family will now quietly go away......
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