A settlement was reached in a lawsuit brought by an insurance company against Nickelback and frontman Chad Kroeger concerning whether the company was obligated to pay $13.1 million to the group after its 2015 tour was cut short by the lead singer’s vocal problems.
Lawyers for Lloyd’s of London filed court papers with Los Angeles Superior Court Judge Michael Stern on Friday stating that its case against the Canadian rock band was resolved. No terms were divulged.
In its complaint filed in December 2015, Lloyd’s sought rescission of the parties’ contract because Kroeger allegedly did not disclose he had a pre-existing vocal condition before the policy was finalized.
Lloyd’s issued a policy to the band in connection with its “No Fixed Address” tour in 2015 for dates in North America, Australia, Asia and Europe. The group completed the first two legs of the tour, but Kroeger suffered an operable cyst on his vocal cords in June and Nickelback had to cancel its remaining dates, according to the lawsuit.
Nickelback and Kroeger should have disclosed his pre-existing condition that dates back to at least 2012, according to the lawsuit, which also alleged the band held back information the company needed to fully investigate the musicians’ claim.
However, defense attorney Patricia Millett previously said that at the time the policy was signed, Kroeger’s voice showed no sign that he had a cyst.
The band’s hit singles include “Photograph,” “Far Away” and “Rockstar.”
Trial of the case was scheduled for Oct. 16.
–City News Service