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.
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 said 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 mais 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 said 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 mais than an insurance company trying to avoid paying a legitimate claim por the insured."
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 ícones 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 televisão special where he performed the moonwalk for the first time. Michael gifted this luva 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 you can do anything if you set your mind to it he has made me happy rather its his smile or música the song "Cry" i would always listen to when i felt down or 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 you 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 you will comet why you amor and care for Michael Jackson our King of Pop
One Limousine Rides Past My House
Inside Are The Ones Who Tell Prophecy
Cause Nobody Would Dare Face Them
In War,
Cause They Rule The World
They're The
Men In Black
Deciders Of Our Fate
Men In Black
The Doorkeepers Of Reality
Men In Black!
Don't Try To Hurt Me, Cause I'm Armed
And I'm Hungry For Life, I Wanna Be One Of You
The Guys Walking Down The Street
Time Bends As They Move
All Are Paralyzed When Look At You
Cause You're The
Men In Black
Deciders Of Our Fate
Men In Black
The Doorkeepers Of Reality
Men In Black!
Men In Black
Deciders Of Our Fate
Men In Black
The Doorkeepers Of Reality
Men In Black!
Pointing Guns, Against The Sun
dia Night Its The Fight For Your Life
Its Like A Human JUngle
tigres And All
Cause All You Really Need To Fear Is The
Strongest Ones Of All!
Men In Black
Deciders Of Our Fate
Men In Black
The Doorkeepers Of Reality
Men In Black!
Men In Black
Deciders Of Our Fate
Men In Black
The Doorkeepers Of Reality
Men In Black!
Inside Are The Ones Who Tell Prophecy
Cause Nobody Would Dare Face Them
In War,
Cause They Rule The World
They're The
Men In Black
Deciders Of Our Fate
Men In Black
The Doorkeepers Of Reality
Men In Black!
Don't Try To Hurt Me, Cause I'm Armed
And I'm Hungry For Life, I Wanna Be One Of You
The Guys Walking Down The Street
Time Bends As They Move
All Are Paralyzed When Look At You
Cause You're The
Men In Black
Deciders Of Our Fate
Men In Black
The Doorkeepers Of Reality
Men In Black!
Men In Black
Deciders Of Our Fate
Men In Black
The Doorkeepers Of Reality
Men In Black!
Pointing Guns, Against The Sun
dia Night Its The Fight For Your Life
Its Like A Human JUngle
tigres And All
Cause All You Really Need To Fear Is The
Strongest Ones Of All!
Men In Black
Deciders Of Our Fate
Men In Black
The Doorkeepers Of Reality
Men In Black!
Men In Black
Deciders Of Our Fate
Men In Black
The Doorkeepers Of Reality
Men In Black!