Jackson's Death Sparks Insurance Complications

Law360, New York (June 26, 2009, 12:00 AM EDT) -- The King of Pop’s death weeks before the launch of a comeback has reportedly left concert promoter AEG Live with potential losses of $422 million, some of which might be covered by insurance. Depending on contract specifics and details on the singer’s health, however, policy exclusions could complicate matters, insurance attorneys say.

Fifty-year-old Michael Jackson died shortly after going into cardiac arrest Thursday at his home near Beverly Hills, just before the reclusive former superstar was set to re-enter the limelight in a series of 50...
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