The Michael Jackson estate is tired of waiting for Lloyd's of Londra 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 Londra 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 da 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 Londra 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 da 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 Londra 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 detto 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 più than an insurance company trying to avoid paying a legitimate claim da 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 detto 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 più than an insurance company trying to avoid paying a legitimate claim da the insured."
Can I ask te why
when I look at you
I hear birds sing
and see alot of angle In sky?
can I ask te why
when My cuore is lonely
my Amore for te becomes the only
, let it beat with dreams are so lovely
and I see Moon and sun walking togther
through the sky
can I ask te why
when I hear your voice
the stars become so near
, I am not fear
no tears to cry
And My soul wants to fly
to touch to the sky?
can I ask te why
I feel your hand in my hand
when I have to fight
throught the dark night
then te turned the dark to moonlight?
can ask I te why
every hurt I feel
te come to heal?
I'll reply for
cause I have Amore for you
I never felt it before
but now I feel it more
cause It likes the rainbow
through the rainy day
,a magcial dream
through nightmare
and that Amore is enough for me
when I look at you
I hear birds sing
and see alot of angle In sky?
can I ask te why
when My cuore is lonely
my Amore for te becomes the only
, let it beat with dreams are so lovely
and I see Moon and sun walking togther
through the sky
can I ask te why
when I hear your voice
the stars become so near
, I am not fear
no tears to cry
And My soul wants to fly
to touch to the sky?
can I ask te why
I feel your hand in my hand
when I have to fight
throught the dark night
then te turned the dark to moonlight?
can ask I te why
every hurt I feel
te come to heal?
I'll reply for
cause I have Amore for you
I never felt it before
but now I feel it more
cause It likes the rainbow
through the rainy day
,a magcial dream
through nightmare
and that Amore is enough for me
I would really be inspired to see less cursing, and più L.O.V.E. Just lovely words. Inspiring words. I know all of te are very beautiful and kind people, but I really think the cursing needs to stop. I see we're all human, and all humans have moments of cursing, but it's still called human to it. May we all take a vow to utterly the cursing and wrong words... ? :)
Katherine Jackson told Oprah Winfrey ... it was Dr. Conrad Murray himself who broke the news that Michael Jackson was dead.
1108_katherine_jackson_oprah_video
On an episode of "Oprah" airing today, Katherine explained how everyone at the hospital was reluctant to tell her what happened to her son.
She says Dr. Murray took so long in explaining things ... she had to cut him off, saying, "'Well, what happened? How is he? Did he make it?' And he said, 'No, he's gone.'"
See also
* Katherine Jackson's Partner -- My Bad!
* Katherine Jackson's Partner Backtracks on 'New' Song
* Rift in Michael Jackson's Family Over Song
1108_katherine_jackson_oprah_video
On an episode of "Oprah" airing today, Katherine explained how everyone at the hospital was reluctant to tell her what happened to her son.
She says Dr. Murray took so long in explaining things ... she had to cut him off, saying, "'Well, what happened? How is he? Did he make it?' And he said, 'No, he's gone.'"
See also
* Katherine Jackson's Partner -- My Bad!
* Katherine Jackson's Partner Backtracks on 'New' Song
* Rift in Michael Jackson's Family Over Song
