News

Kanye West Canceled His Tour After Mental Breakdown But He’s Suing For $10 Million

Kanye West Canceled His Tour After Mental Breakdown But He’s Suing For $10 Million! 2016 was a tumultuous year for Kanye West. From his onstage meltdown in San Jose during a Saint Pablo Tour stop and subsequent hospitalization to his meeting with Donald Trump at Trump Towers in New York City, Ye’s behavior seemed out of character — even for the guy who famously disrupted Taylor Swift’s acceptance speech at the 2009 MTV Video Music Awards. Consequently, Kanye had to cancel the remaining tour dates, which cost him millions in lost profits, and now he’s reportedly suing his insurance company for $10 million.

According to The Hollywood Reporter, Ye and his company — Very Good Touring Inc. — are suing various syndicates of insurer Lloyd’s of London for a loss claim they filed just two days after Kanye checked into a psychiatric center. In a complaint filed on Tuesday (August 1) in a California federal court, they allege the company is stalling on payment, and noted it’s been more than eight months later since they filed.

“Nor have they provided anything approaching a coherent explanation about why they have not paid, or any indication if they will ever pay or even make a coverage decision, implying that Kanye’s use of marijuana may provide them with a basis to deny the claim and retain the hundreds of thousands of dollars in insurance premiums paid by Very Good,” the complaint read. “The stalling is emblematic of a broader modus operandi of the insurers of never-ending post-claim underwriting where the insurers hunt for some contrived excuse not to pay.”

Related Articles

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker