Michael Jackson’s estate demands a $17.5 million payment as punitive damages
Since a high court ruling in 2009, John Branca as attorney and John McClain as music executive have executed the estate. Lloyds of London has been claimed having debt of $17.5million on an insurance policy has been taken out by the ‘Thriller’ hitmaker against his death ahead of his ‘This is it’ comeback shows. The 50 London shows were started weeks after his death in June 2009, and tickets had already sold for the event.
However, Lloyds begged to courts in Los Angeles to claim Michael who had lied about his medical history and drug use. Then Michael’s shows were canceled because he was passed away from acute Protocol intoxication in his rented Los Angeles home so the policy did not void. Lloyd insisted that the policy was limited to losses resulting from accident only” and showed Michael’s official cause of death was listed as “homicide”.
The estate had filed a cross-complaint and said that Michael had never intended to die, no matter what the official cause of death was, and they believed it was still qualifies as an accident. Howard Weitzman as the estate’s lawyer had explained of Lloyds’ claims that this legal action was no more than an insurance company, which tried in order to avoid paying a legitimate claim by the insured.
