*Michael Jackson’s estate executors have settled a $17.5 million lawsuit filed against top insurance company Lloyd’s of London after they refused to pay out following the King of Pop’s death.
The King of Pop’s reps took out a policy on the singer’s ill-fated “This Is It” concerts two months before his passing in June, 2009, and made a claim for compensation when the shows were scrapped after his death.
Lloyd’s of London originally issued the policy to cover potential losses for the London residency, but in 2011, the company asked a judge in Los Angeles to declare the documents null and void, claiming Jackson lied about his medical history and drug addiction.
*A judge issued a tentative ruling Friday against granting a new trial in the negligence case filed by Michael Jackson’s mother Katherine claiming concert promoter AIG was financially liable for her son’s death.
Superior Court Judge Yvette Palazuelos did not immediately finalize the ruling after hearing more than two hours of arguments from lawyers.
A jury in October rejected Katherine Jackson’s lawsuit claiming AEG Live LLC negligently hired the doctor convicted of giving her son an overdose of anesthetic in 2009.]
Prince Jackson (L) and his cousin TJ Jackson in Calabasas, Calif. (March 2013)
*Michael Jackson’s nephew TJ has asked a judge to dismiss a petition filed by a relative who is challenging his guardianship of the King of Pop’s three children.
TJ Jackson, 35, was placed in charge of Prince, Paris and Blanket in July, 2012, following a family feud, which was sparked when the family thought Katherine Jackson was missing. Katherine had previously been appointed the guardian of her grandkids following Michael’s 2009 death.
She subsequently agreed to co-parent the youngsters with TJ, but the pair has since been faced with a new fight from Anthony Jackson II, who has filed his own legal papers asking to be named the children’s new guardian.
Katherine Jackson at the world premiere of ‘Michael Jackson ONE by Cirque du Soleil’ at Mandalay Bay Hotel & Casino in Las Vegas.
(June 29, 2013)
*Once again, it’s on…
Michael Jackson’s family filed paperwork this week – following through on a promise to appeal a jury verdict that ruled AEG had zero part in the singer’s 2009 death.
According to Rolling Stone, attorneys for Katherine Jackson and Jackson’s three children filed paperwork Monday (Dec. 2) that claims misconduct in the trial’s jury and insufficient evidences as grounds for a new trial. The documents also indicated that the family has new evidence to present should said trial occur.
The original trial concluded in October, with a jury finding that, despite the family’s accusations, Jackson’s doctor, Conrad Murray, was competent to treat the King of Pop.
“The jury heard what poor condition Michael Jackson was in, how he had deteriorated, he was frail, underweight, he wasn’t going to be able to do the 50 shows,” AEG Live’s senior vice president Shawn Trell told reporters after the victory. “Then when it came to damages, somehow he was going to tour more from age 50 to 66 than he did at any point in his life. The jury could pick up on that. They couldn’t have it both ways.”
Murray was found guilty of involuntary manslaughter in 2011 after giving Jackson a lethal dose of propofol. However, he was released in October due to prison overcrowding, having only served half of his four-year sentence.
Katherine Jackson arrives at the world premiere of “Michael Jackson ONE by Cirque du Soleil” at THEhotel at Mandalay Bay on June 29, 2013 in Las Vegas
*Michael Jackson’s mother has appealed the verdict of her $40 billion wrongful death lawsuit against AEG Live, reports TMZ.
Katherine Jackson filed new court documents in Los Angeles this morning attempting to overturn the jury’s decision that the concert promoter was not responsible for Michael’s death in 2009, nor wrong for hiring Dr. Conrad Murray to be the late singer’s medical practitioner.
The 83-year-old matriarch was reportedly still hopeful after hearing comments made by the jury following the five-month trial last month, and her lawyer Brian Panish confirmed they were gathering information for an appeal.
The jury decided on October 2 that AEG Live, the promoter of Michael’s “This Is It” comeback concerts, hired Murray, who was convicted of involuntary manslaughter in November 2011, but were not liable for the physician’s actions that led to the King of Pop’s death because he was neither ”unfit” nor ”incompetent” when they hired him.
Michael’s niece Tanay Jackson – the daughter of Michael’s brother Tito – recently revealed that his children, Prince, 15, Paris, 15, and 11-year-old Blanket, would never forgive Murray, who was released from jail in October after serving less than two years of a four-year sentence for involuntary manslaughter.
She said: “I think a murderer should get a longer sentence than that, I don’t think it’s fair. We really feel like there were more people involved in my uncle’s death. But Conrad Murray is the physical culprit because he physically injected him.”
She added: “No, we haven’t forgiven him. We can’t forgive him at all.”
*A lawyer for Michael Jackson’s family said all options remain on the table after losing their chance to hold AEG Live liable for her son’s death.
A jury on Wednesday sided with concert promoter, clearing the company of liability in the 2009 death of Michael Jackson a few weeks before his 50-concert London comeback was to begin. After the verdict was read in a downtown Los Angeles courtroom, Katherine Jackson looked ahead stoically.
She declined to address reporters as she was quickly whisked into another courtroom. She then left from the back of the courthouse.
Jackson family attorney Kevin Boyle said the family was considering its next move.
“We were able to provoke some things that are important for the Jacksons and for the concert industry and the sports industry,” he said. “We are of course not happy with the verdict as it stands.”
He added that family members would “explore all options.”
Attorneys for AEG, however, held up the verdict as a clear vindication of what they’d argued all along: that the concert promoter was not responsible for Jackson’s death.
Marvin Putnam, AEG Live’s lead attorney, stood in front of a scrum of TV cameras, microphones and reporters, saying the concert promoter never considered settling the case, which could have cost it hundreds of millions — if not billions — of dollars in damages if a jury had voted the other way.
“They wouldn’t allow themselves to be shaken down,” he said.