Michael Jackson's Trials

Michael Jackson's Trials


The Ongoing Trials of The Late Michael Jackson

Monday, June 13, 2011

Insurer Seeks To Void Policy

The financial fallout and bickering from the death of Michael Jackson in 2009 continues unabated.

The media report that Lloyd's of London underwriter Cathedral Capital Ltd.'s syndicate 2010 is seeking to void a policy covering the risk of Michael Jackson not appearing at performances.

When Jackson died in 2009, AEG Live filed a claim for $17.5M for the nonappearance and cancellation of the concert. However, Cathedral Capital have now sued AEG. They allege that AEG have failed to provide necessary medical information and details about Dr. Conrad Murray (Jackson's doctor); this information would enable Cathedral to determine if the claim was valid.