Billboard is reporting that Foo Fighters have settled their lawsuit against insurance companies, including several Lloyd’s of London insurers and brokerage firm Robertson Taylor. Because it was dismissed with prejudice, the Foos are barred from re-filing the case on the same claim. Terms were not disclosed.
Dave Grohl and Foo Fighters originally filed the lawsuit in June, accusing insurers of colluding to limit payments for canceled 2015 shows. When Grohl broke his leg in Sweden in June 2015, Foo Fighters were forced to cancel 7 shows, but only 3 were part of the lawsuit (2 at Wembley Stadium and another at Murrayfield Stadium in Edinburgh, Scotland).
The complaint states, “After paying certain amounts owed under the Cancellation Policy for four of the canceled performances, [the insurers] began searching for ways to limit their payment obligations on the other three performances, including the two Wembley Stadium shows, which represented the largest potential gross income.”
The band believed that because they added those shows to a revised tour, and the insurers attempted to recharacterize them as “rescheduled,” a distinction that would dramatically reduce the amount owed.
The second part of the lawsuit related to the band canceling shows due to ISIS’ attack on the Bataclan in Paris in November 2015.
“Foo Fighters reasonably expected that the Terrorism Policy would provide them coverage for the four November 2015 performances, which were necessarily canceled as a direct result of terrorism.” Foo Fighters claimed that insurers had not offered to pay a “single penny” of the band’s terrorism-related coverage claim.
