I Didn't Know This About Michael Jackson... - GoFuckYourself.com

Donny · 02-12-2004, 10:33 AM

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...

Sly_RJ · 02-12-2004, 10:36 AM

He had insurance on molestation charges?

Donny · 02-12-2004, 10:38 AM

He had insurance to protect him from all lawsuits.

JFK · 02-12-2004, 10:41 AM

Quote:

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

jennym · 02-12-2004, 10:44 AM

Quote:

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.

tony286 · 02-12-2004, 10:44 AM

The only reason a insurance would part with money is they knew if it went to court they were going to lose lol.

slapass · 02-12-2004, 10:49 AM

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.

Donny · 02-12-2004, 10:50 AM

Quote:

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.

Basic_man · 02-12-2004, 10:52 AM

Quote:

Originally posted by DonovanPhillips
He had insurance to protect him from all lawsuits.

I don't think so..!

Donny · 02-12-2004, 10:54 AM

Quote:

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.

Herb Kornfield · 02-12-2004, 10:56 AM

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.

Joshua · 02-12-2004, 10:57 AM

Wow, insurance for law suits.

jimboc · 02-12-2004, 11:03 AM

Michael Jackson is in effect a company, where he is the product. All corporations have legal insurance against lawsuits.

02-12-2004, 10:33 AM	#1
Donny As you wish... Industry Role: Join Date: May 2002 Posts: 13,754	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...

02-12-2004, 10:36 AM	#2
Sly_RJ Live Hard - Die Hard Join Date: Feb 2002 Location: Ready to leave... Posts: 17,042	He had insurance on molestation charges? __________________ PHAT SERVERS - Quality dedicated hosting at a quality price! sly AT phatservers DOT com - 147479144

02-12-2004, 10:57 AM	#12
Joshua Confirmed User Join Date: Feb 2002 Location: Phoenix, AZ - USA Posts: 1,450	Wow, insurance for law suits. __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

02-12-2004, 11:03 AM	#13
jimboc Confirmed User Join Date: Jun 2002 Location: Internet of course Posts: 1,614	Michael Jackson is in effect a company, where he is the product. All corporations have legal insurance against lawsuits. __________________

02-12-2004, 10:38 AM	#3
Donny As you wish... Industry Role: Join Date: May 2002 Posts: 13,754	He had insurance to protect him from all lawsuits.

02-12-2004, 10:44 AM	#6
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	The only reason a insurance would part with money is they knew if it went to court they were going to lose lol.

02-12-2004, 10:49 AM	#7
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,625	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.

02-12-2004, 10:56 AM	#11
Herb Kornfield Is on the 1 Industry Role: Join Date: Sep 2002 Location: Philly Burbs Posts: 4,996	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.