I Didn't Know This About Michael Jackson...

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  • Donny
    As you wish...
    • May 2002
    • 13754
    #1

    I Didn't Know This About Michael Jackson...

    On Fox News Channel they were just talking about the first Michael Jackson case. The one that was settled.

    It turns out MICHAEL didn't settle. His insurance company did. They told him they wanted to settle the case instead of risking a long drawn out trial and that if he didn't go along with the settlement he would no longer be insured.

    Interesting...
    Tags: None
    • Sly_RJ
      Live Hard - Die Hard
      • Feb 2002
      • 17042
      #2
      He had insurance on molestation charges?
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        • Donny
          As you wish...
          • May 2002
          • 13754
          #3
          He had insurance to protect him from all lawsuits.

            Comment

            • JFK
              FUBAR the ORIGINATOR
              • Jan 2002
              • 67369
              #4
              Originally posted by DonovanPhillips
              He had insurance to protect him from all lawsuits.
              Probably Lloyds of London they will insure anything, but paying the premiums will keep him broke I m sure

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                • jennym
                  Confirmed User
                  • May 2003
                  • 1622
                  #5
                  Originally posted by DonovanPhillips
                  On Fox News Channel they were just talking about the first Michael Jackson case. The one that was settled.

                  It turns out MICHAEL didn't settle. His insurance company did. They told him they wanted to settle the case instead of risking a long drawn out trial and that if he didn't go along with the settlement he would no longer be insured.

                  Interesting...
                  I saw the same thing...found it very interesting.

                    Comment

                    • tony299
                      lurker
                      • Aug 2002
                      • 57021
                      #6
                      The only reason a insurance would part with money is they knew if it went to court they were going to lose lol.

                        Comment

                        • slapass
                          Too lazy to set a custom title
                          • Nov 2002
                          • 14625
                          #7
                          They love long drawn out cases. A certain % of their shit just goes away do death of the complaintant.

                          But Michael probably had a lawyer and the music company had a lawyer so who knows who pushed for it to go quickly.

                            Comment

                            • Donny
                              As you wish...
                              • May 2002
                              • 13754
                              #8
                              Originally posted by tony404
                              The only reason a insurance would part with money is they knew if it went to court they were going to lose lol.
                              Not necessarily. Michael's attorneys are NOT cheap. A long trial can be extremely costly. And Michael would stick them with all sorts of expenses I can't even imagine.

                                Comment

                                • Basic_man
                                  Programming King Pin
                                  • Oct 2003
                                  • 27360
                                  #9
                                  Originally posted by DonovanPhillips
                                  He had insurance to protect him from all lawsuits.
                                  I don't think so..!
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                                    • Donny
                                      As you wish...
                                      • May 2002
                                      • 13754
                                      #10
                                      Originally posted by Basic_man


                                      I don't think so..!
                                      I've been told a lot of celebs and mega wealthy individuals have insurance against lawsuits. When you have a lot of money it's worthwhile to have such insurance.

                                        Comment

                                        • Herb Kornfield
                                          Is on the 1
                                          • Sep 2002
                                          • 4996
                                          #11
                                          Being famous seems to really suck in the long run.

                                          People you havent seen in years resurface to cash in, you get sued out the wazoo and you cant just live your life without it being broadcast all over the universe 5 seconds later.

                                          Fuck that shit, I enjoy being able to be me.

                                          Power to the unknown brothas and sistas keepin it real on the downlow.

                                            Comment

                                            • Joshua
                                              Confirmed User
                                              • Feb 2002
                                              • 1450
                                              #12
                                              Wow, insurance for law suits.
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                                                • jimboc
                                                  Confirmed User
                                                  • Jun 2002
                                                  • 1614
                                                  #13
                                                  Michael Jackson is in effect a company, where he is the product. All corporations have legal insurance against lawsuits.

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