Lawsuit by the Michael Jackson Foundation against Lloyd’s of London

The King of Pop Foundation has filed a lawsuit against Lloyd’s of London for not paying $17.5 million in damages for Michael Jackson’s This Is It concerts. Earlier this year, Lloyd’s of London asked a court in Los Angeles to exempt them from paying damages, claiming that Michael Jackson lied to them about his health condition and did not mention his use of propofol due to insomnia. Lloyd’s of London said that Michael’s death was declared a homicide, and that this insurance company is only responsible for paying damages in the event of accidents. In a reciprocal action, the Michael Jackson Foundation noted in a lawsuit that Michael did not intend to harm himself and that, whether his death was a homicide or not, it is still an accident. Now the Foundation has increased the amount it is requesting and is seeking damages for punishment. This means that if they win, Lloyd’s of London must pay them an additional amount for refusing to comply with the law, on top of the previous $17.5 million. Source: eMJey.com / dailymail.co.uk