I see they dropped it the claim..
Jackson died in June 2009 from an overdose of the anaesthetic propofol
Jackson's former concert promoter AEG Live is withdrawing a $17.5m
(£10.9m) insurance claim over the singer's cancelled comeback gigs.
AEG had filed the claim against insurer Lloyd's of London for its concert-related losses in 2009.
However, the insurance company sought to nullify the policy, saying AEG made false claims about Jackson's health.
A lawyer for AEG said the company dropped the claim because it had been reimbursed by the singer's estate.
The move comes a week after the publication of leaked
internal emails from the concert promoters which saw them voice concerns
over the 50-year-old's stability and health.
In one email, sent the day the singer appeared in London to
announce his This Is It shows, AEG chief executive Randy Phillips
described the singer as "locked in his room drunk and despondent".
The company's lawyer Marvin Putnam said the decision to withdraw the insurance claim had "nothing to do with the recent leak".
Lawyers said they suspected the emails were leaked from
material shared between the two sides in a separate legal case between
AEG and Jackson's mother, Katherine.
Mrs Jackson has accused the promoters of pressuring the
singer to carry on with the sold-out comeback shows despite indications
he was too weak.
"We are standing by AEG's lawyers comments that the
withdrawal of the claim was not related to the leaked emails," Paul
Schriffer, a lawyer for Lloyd's of London said.
"In exchange for AEG withdrawing its insurance claim,
underwriters agreed to dismiss AEG from the case and to waive any costs
recoverable from AEG."
Michael Jackson died on 25 June, 2009 from an overdose of the anaesthetic propofol.
Last November his personal physician, Conrad Murray, was
convicted of his involuntary manslaughter and sentenced to four years in