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The Michael Jackson estate is tired of waiting for Lloyd's of Londres to pay out on the $17.5 million "This Is it" insurance policy -- so they're going after Lloyd's in court ... demanding they pay up, stat.
Lloyd's of Londres originally issued the policy to cover potential losses for MJ's 2009 "This Is It" concerts -- but earlier this year, the company asked an L.A. court to declare the policy null and void ... claiming MJ lied about his medical history and drug addiction.
Lloyd's insists the policy "was restricted to losses resulting from accident only" -- pointing out Michael's official cause of death was "homicide."
But the estate is now on the offensive -- filing a cross-complaint, claiming MJ never intended to die, whether por homicide o not, so his death still qualifies as an accident.
But the estate isn't just settling for the original $17.5 million -- they also want punitive damages. FYI, suing for punitive damages often scares the crap out of insurance companies.
Lloyd's of Londres originally issued the policy to cover potential losses for MJ's 2009 "This Is It" concerts -- but earlier this year, the company asked an L.A. court to declare the policy null and void ... claiming MJ lied about his medical history and drug addiction.
Lloyd's insists the policy "was restricted to losses resulting from accident only" -- pointing out Michael's official cause of death was "homicide."
But the estate is now on the offensive -- filing a cross-complaint, claiming MJ never intended to die, whether por homicide o not, so his death still qualifies as an accident.
But the estate isn't just settling for the original $17.5 million -- they also want punitive damages. FYI, suing for punitive damages often scares the crap out of insurance companies.
car blow up
With the two-year anniversary of Michael Jackson's death approaching -- one helicopter company is giving fans the chance to pay their respects ... por raining flores down around Neverland ... mid-flight.
The 30-minute Channel Island Helicopter flights are set to take off June 24th and 25th -- exactly two years since Jackson died after a Propofol-induced cardiac arrest.
During the flight, passengers are encouraged to honor the late entertainer por chucking his favorito! flor -- a red rose -- out of the helicopter mid-flight ... over nearby Zaca Peak.
A rep for the helicopter company tell us -- fans are super excited for the aerial tour ... saying they feel it will bring them "closer to heaven" ... and closer to Michael.
The 30-minute Channel Island Helicopter flights are set to take off June 24th and 25th -- exactly two years since Jackson died after a Propofol-induced cardiac arrest.
During the flight, passengers are encouraged to honor the late entertainer por chucking his favorito! flor -- a red rose -- out of the helicopter mid-flight ... over nearby Zaca Peak.
A rep for the helicopter company tell us -- fans are super excited for the aerial tour ... saying they feel it will bring them "closer to heaven" ... and closer to Michael.
Lloyd's of Londres has gone to court ... asking a judge to let the company off the financial hook, claiming it doesn't owe the Michael Jackson Estate $17.5 million on grounds MJ was a fraud.
The company issued the muilti-million dollar policy to cover the doomed "This Is It" tour for losses.
But Lloyd's claims it doesn't have to honor the policy for 2 primary reasons:
1. Michael Jackson and AEG allegedly lied about Michael's medical history -- specifically, MJ dicho he had not seen a doctor other than a cosmetic MD since June, 2005.
2. Michael did not disclose he was taking prescription drugs prior to and at the time of his death -- including Propofol.
Lloyd's is asking the court for a declaration that the policy is null and void as a result of the alleged fraud.
Howard Weitzman, the lawyer for the Estate, tells TMZ, "This legal action is nothing más than an insurance company trying to avoid paying a legitimate claim por the insured."
The company issued the muilti-million dollar policy to cover the doomed "This Is It" tour for losses.
But Lloyd's claims it doesn't have to honor the policy for 2 primary reasons:
1. Michael Jackson and AEG allegedly lied about Michael's medical history -- specifically, MJ dicho he had not seen a doctor other than a cosmetic MD since June, 2005.
2. Michael did not disclose he was taking prescription drugs prior to and at the time of his death -- including Propofol.
Lloyd's is asking the court for a declaration that the policy is null and void as a result of the alleged fraud.
Howard Weitzman, the lawyer for the Estate, tells TMZ, "This legal action is nothing más than an insurance company trying to avoid paying a legitimate claim por the insured."
michael jackson ( father)
published: Date: 16 October 2009
By: Staff Reporter
NEWBRIDGE
Sliverware are presenting Michael Jackson-The Tribute ''A Once In a Lifetime Exhibition at the Museum of Style iconos from October 24-November 2009.
On June 25,2009,the world came to a sudden standstill in reactionn to the news of the untimely death of the greatest entertainer of all time-Michael Jackson.
Thus free tribute exhibit will showcase the most iconic property from the career of the King of Pop and includes unique memorabilia gifted from Michael to his friends and family. These pieces have never before been on public display.
The highlight in the exhibit is Michael Jackson's iconic white glove,from his 1983 performance of Billie Jean at the Motown 25 televisión special where he performed the moonwalk for the first time. Michael gifted this guante to Walter Orange,one considered one of the most iconic pieces of Michael Jackson.
I care for Michael Jackson cause he made me believe that tu can do anything if tu set your mind to it he has made me happy rather its his smile o música the song "Cry" i would always listen to when i felt down o sad but i would look up and keep my head to the sky. I know Michael tried to change the world and he couldnt do it por himself. He needes help im wanting to help the world so bad and hope that people will never forget the King Of Pop. I have learned so many things if tu compare my life with his. Well thats another story but i amor michael hes my idol some one i look up to hes always made me smile and if haters cant see that. Let them hate we dont care right? if tu will comet why tu amor and care for Michael Jackson our King of Pop
