Kanye West has emerged unscathed after settling his lawsuit with insurer Lloyd’s of London out of court, following the cancellation of some shows in his 2016 Saint Pablo tour.
West cancelled the remaining dates on his 2016 tour following several erratic performances which ended in the artist checking into UCLA Neuropsychiatric Hospital centre in November 2016.
As TMZ reports, West’s touring company, Very Good Touring, sued Lloyd’s for $10 million after they refused to pay the rapper’s insurance claim.
Lloyds initially countered against the lawsuit, claiming that the rapper’s use of marijuana triggered the breakdown, despite a lack of medical evidence, therefore breaking the drug use clause in West’s contract.
Now, the company has caved to “massive pressure” from West’s lawyers, settling for an undisclosed amount that was reportedly “most” of what West requested in his lawsuit.
– Article by a staff writer for The Music.com. See the full article here.