Metallica is suing Lloyd’s of London for allegedly refusing to compensate the band for financial losses suffered when the group was forced to postpone six shows in South America in 2020 because of the coronavirus pandemic.

The band brought the action Monday in Los Angeles Superior Court, alleging breach of contract and seeking unspecified compensatory damages as well as a declaration of the rights and obligations of the parties.

A Lloyd’s of London representative issued a statement Thursday regarding the lawsuit.

“Lloyd’s is not an insurance company, it oversees and regulates a market of independent insurers,” the statement read. “For that reason, we have no information on any specific policy or lawsuit and in any event are not authorized to comment on matters in litigation.”

Metallica began an eight-show tour with two shows in San Francisco in September 2019, and six more shows were set to take place in South America beginning in April 2020 in Santiago, Chile, the suit states.

But by that time, nearly 100% of the world’s destinations had COVID-19-related travel restrictions, and Metallica had to postpone those last six shows, according to the suit.

Before the tour, Metallica bought a standard “cancellation, abandonment and non-appearance insurance” policy in case any portion of the tour was canceled or postponed and the band “timely turned to (Lloyd’s) for the promised and reasonably expected coverage for their losses,” the suit says.

However, Lloyd’s, citing the policy’s communicable disease exclusion, “denied any coverage obligation whatsoever based on an unreasonably restrictive interpretation of the policy,” according to the band’s court papers.

Metallica, formed in 1981, has sold more than 125 million records, won nine Grammy Awards and routinely sells out concert venues worldwide.

Leave a comment

Your email address will not be published.