crystaldanae87
Posts : 130 Join date : 2011-02-05 Age : 37 Location : Illinois
| Subject: Lloyd's Of London Suit Wed Jun 08, 2011 3:26 pm | |
| http://mjhoaxlive.blogspot.com/2011/06/lloyds-of-london-aeg-michael-jackson.htmlThis talks about how Lloyd's of London are suing the MJ Estate for the life insurance policy they took out on MJ for the This Is It concerts that never happened. "The insurance policy that was taken out on behalf of the former King of Pop for $17.5 million dollars, which Lloyd's doesn't think it would have to pay because it was never revealed to them that Jackson was taking prescription drugs and Propofol." I believe they want their money back because MJ is still alive and didn't perform according to contract.
What do YOU think? | |
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Captain_EO
Posts : 1392 Join date : 2010-03-12 Age : 32 Location : England, UK
| Subject: Re: Lloyd's Of London Suit Wed Jun 08, 2011 3:38 pm | |
| Ok let me try to understand this...Lloyd's are suing AEG and the MJ Estate for the fact that the concerts didn't go ahead? They are not suing for money, just to make sure that the Estate and AEG do not get the $17.5 million? BUT if what I have just is correct, then surely this will be a great thing for beLIEvers because I am thinking that Lloyd's KNEW that they concerts weren't gonna happen, but they needed to have a lawsuit to make it look real! Which is why they are making it void so that both sides are in the clear. The estate gets no gain in money from this and neither do AEG, leaving Lloyd's NOT having to pay out, so neither side loses! Am I right? L.O.V.E | |
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crystaldanae87
Posts : 130 Join date : 2011-02-05 Age : 37 Location : Illinois
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Captain_EO
Posts : 1392 Join date : 2010-03-12 Age : 32 Location : England, UK
| Subject: Re: Lloyd's Of London Suit Wed Jun 08, 2011 3:50 pm | |
| - crystaldanae87 wrote:
- Em, I beLIEve your take on what you read is in fact correct. And you know WHHYYY they weren't informed of the prescription drug abuse??? BECAUSE IT WASN'T FACTUAL.
So Lloyd's are defintely NOT suing AEG and the estate for money? They are saying they are not going to pay it? L.O.V.E | |
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Captain_EO
Posts : 1392 Join date : 2010-03-12 Age : 32 Location : England, UK
| Subject: Re: Lloyd's Of London Suit Wed Jun 08, 2011 3:52 pm | |
| Sorry I am right, I just read this again on TMZ - Quote :
- Lloyd's of London 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.
This is GREAT for beLIEvers! L.O.V.E | |
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crystaldanae87
Posts : 130 Join date : 2011-02-05 Age : 37 Location : Illinois
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