Kanye West prevails in lawsuit against Lloyd’s of London
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Kanye West has settled his lawsuit against Lloyd's of London, which had refused to pay for the losses he incurred when he canceled some of his 2016 Saint Pablo concerts after suffering a mental breakdown, the celebrity news website TMZ.com reported on Wednesday.
TMZ reported that Lloyd's “folded under massive pressure by Kanye's lawyers” and agreed to pay most of what Kanye was due under the policy. Kanye's touring company sued for $10 million after Lloyd's refused to pay because it claimed the breakdown was triggered by Kanye's alleged drug use, which it saw as an exclusion under the policy.
As reported, Lloyd's was slow to respond, claiming marijuana triggered the mental breakdown, something TMZ was reportedly told was “totally unsupported by medical evidence.” TMZ reported the breakdown was triggered by a mental condition that had nothing to do with drugs.
“Lloyd's decided going to court was too risky, especially when faced with a possible huge punitive damages award,” the celebrity news site explained.
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