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 or 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 or 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.
With the two-year anniversary of Michael Jackson's death approaching -- one helicopter company is giving fãs 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 -- fãs 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 -- fãs are super excited for the aerial tour ... saying they feel it will bring them "closer to heaven" ... and closer to Michael.