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  • Michael Jackson This Is It Touring Lawsuit Dropped

    Wed, 12 Sep 2012 10:39:56

    Michael Jackson This Is It Touring Lawsuit Dropped - They were suing for $17.5 million

    Michael Jackson Photos

    • Michael Jackson - GARY, IN - JUNE 25: Fans pay respect to the King of Pop at 2300 Jackson street on the 5th Anniversary of Michael Jackson's Death on June 25, 2014 in Gary, Indiana.
    • Michael Jackson - GARY, IN - JUNE 25: Fans pay respect to the King of Pop at 2300 Jackson street on the 5th Anniversary of Michael Jackson's Death on June 25, 2014 in Gary, Indiana.
    • Michael Jackson - GARY, IN - JUNE 25: Fans pay respect to the King of Pop at 2300 Jackson street on the 5th Anniversary of Michael Jackson's Death on June 25, 2014 in Gary, Indiana.

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    • Michael Jackson - A Place With No Name

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    Promoters behind Michael Jackson's doomed This Is It tour have dropped their $17.5 million claim to collect on an insurance policy.

    Lloyds of London chiefs sued AEG bosses after Jackson's death, claiming that they failed to disclose important information about the King of Pop's medical history before they offered him a policy. AEG tried to collect on the insurance payout, too.

    A representative for Lloyds of London told CNN.com that "in exchange for AEG withdrawing its insurance claim, underwriters agreed to dismiss AEG from the case and to waive any costs recoverable from AEG."

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    —Isabel Post
    09.12.12



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