.

Michael Jackson Promoter Withdraws Insurance Claim Over Singer's Death

AEG Live had been seeking $17.5 million in compensation

September 12, 2012 10:40 AM ET
AEG
Chief Executive Randy Phillips of AEG.
Paul Buck-Pool/Getty Images

AEG Live, the concert promoters for Michael Jackson's planned 2009 comback tour, have dropped a $17.5 million insurance claim stemming from Jackson's death after leaked e-mails showed that AEG executives were concerned about Jackson's health and worried about his stability shortly before his death that June, Reuters reports.

When Jackson died before he could begin a run of concerts in London, AEG filed an insurance claim with Lloyd's of London, citing losses in up-front costs for Jackson's "This Is It" tour. Lloyd's later filed suit against AEG Live, contending that it didn't owe the money.

AEG executives had long been skeptical about whether Jackson was capable of performing, according to e-mails obtained by the Los Angeles Times that openly discussed the matter. CEO Randy Phillips sent one particularly revealing message in March 2009 while he was in London with Jackson to announce the shows. "MJ is locked in his room drunk and despondent," wrote Phillips. "I [am] trying to sober him up." Despite the suggestion that AEG Live was aware of Jackson's troubles while negotiating its insurance policy with Lloyd's, AEG attorneys maintain the company's withdrawal has "nothing to do with the recent leak" of the emails.

"We are standing by AEG's lawyers comments that the withdrawal of the claim was not related to the leaked emails, said Paul Schriffer, an attorney for Lloyd's. An attorney for AEG, Marvin Putnam, said the company informed Lloyd's in June that it was dropping the claim, citing reimbursement from the Jackson estate that covered the company's losses.

To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here

prev
Music Main Next

blog comments powered by Disqus
Around the Web
Powered By ZergNet
Daily Newsletter

Get the latest RS news in your inbox.

Sign up to receive the Rolling Stone newsletter and special offers from RS and its
marketing partners.

X

We may use your e-mail address to send you the newsletter and offers that may interest you, on behalf of Rolling Stone and its partners. For more information please read our Privacy Policy.

Song Stories

“Vans”

The Pack | 2006

Berkeley, California rappers the Pack made their footwear choice clear in 2006 with the song "Vans." The track caught the attention of Too $hort, who signed them to his imprint. MTV refused to play the video for the song, though, claiming it was essentially a commercial for the product. Rapper Lil' B disagreed. "I didn’t know nobody [at] Vans," he said. "I was just a rapper who wore Vans." Even without MTV's support, Lil' B recognized the impact of the track. "God blessed me with such a revolutionary song… People around my age know who really started a lot of the dressing people are into now."

More Song Stories entries »
 
www.expandtheroom.com