ABC/Randy HolmesTMZ is reporting that Kanye West’s Very Good Touring and a group of insurance companies associated with Lloyds of London have settled lawsuits over money the rapper claims was owned following cancellation of the rapper’s Saint Pablo tour.
According to TMZ, the insurers have agreed to pay much of what Very Good Touring claimed it was owed under a policy due to the cancellation of the tour.
Back in 2017, Kanye’s company sued claiming the insurers were stalling on making the payment and implying that “Kanye’s use of marijuana may provide them with a basis to deny the claim.” The insurers counter-sued saying Kanye and his team had made it impossible for them to investigate his claim and failed to disclose pre-existing medical conditions when they applied for the policy.
The remaining dates on the already-underway Saint Pablo tour were cancelled in late November 2016 after a Sacramento, California, show that the rapper couldn’t finish, which included rambling tirades from the stage against a number of celebrities. Two days later Kanye was hospitalized at the UCLA Neuropsychiatric Hospital Center and the remaining dates of the tour were cancelled.
Copyright © 2018, ABC Radio. All rights reserved.
