Metallica loses lawsuit against Lloyd’s underwriters

gig-audience

The Superior Court of the State of California has ruled Lloyd’s of London underwriters do not need to pay for losses stemming from Metallica's six South American concerts that were cancelled when Covid-19 struck.

Frantic, or Metallica, had a policy with Lloyd’s of London underwriters for cancellations, abandonment and non-appearances, which was valid between 28 August 2019 and 28 April 2020.

The band was

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