When you're a super huge band like Linkin Park and you go out on huge arena tours, very often, you secure insurance in case something goes awry and the band is forced to cancel a spate of shows. The insurance provides the band with a safety blanket, if you will, enabling them to recover profits lost as a result of the gig cancellations. Millions of dollars. Now, Linkin Park is taking legal action against well-known insurance house Lloyd's of London, claiming the company owes them big.
According to TMZ.com, the suit seeks profits they would have made from the six shows they were forced to cancel back in 2008, when frontman Chester Bennington hurt his back assembling a toy for his kid. The band had filed a claim with the insurance company, but the firm denied it, claiming that Bennington's back ailment was a pre-existing condition, one he'd had well before the band opened its policy.
While details of the suit are scant, Linkin Park are said to be suing for millions of dollars.
Meanwhile, they continue to plug away on their forth record, which should surface before year's end. In various interviews, members of the group have suggested the new disc will be unlike anything they've taken on before, with some proclaiming it could spawn a new genre.
Source
Linkin Park File Suit Against London Insurance Firm
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