Breaking news: Maui wildfire plaintiffs reach $4 billion settlement as anniversary nears

[MOXJO7282]

This is really great news that should allow for an expedited rebuild. If this was litigated it would've taken 3-5 years for an outcome, delaying the money that locals desperately need to rebuild.

 

[dioxide45]

This is really great news that should allow for an expedited rebuild. If this was litigated it would've taken 3-5 years for an outcome, delaying the money that locals desperately need to rebuild.

Should there be a link somewhere?

 

[geist1223]

Parties in lawsuits seeking damages for Maui fires reach $4B global settlement, court filings say

A court filing says the parties in lawsuits seeking damages for last year’s Maui wildfires have reached a $4 billion global settlement.

apnews.com

 

[geist1223]

Maui wildfire victims offered $4bn settlement

The proposed deal would compensate hundreds of people impacted by last year's deadly blazes.

www.bbc.com

 

[MOXJO7282]

The way I read this is that it will eliminate almost all lawsuits going forward which will allow the money to be distributed so much faster than it normally takes. Its har to believe its almost been 1 year.

 

[geist1223]

To have a settlement of this magnitude in only a year is pretty unheard of.

 

[Luanne]

It will be interesting to see how fast they actually get any of the money.

 

[easyrider]

The way I read it is it isn't a done deal.

Bill

Once a final settlement is agreed it must also be approved by Hawaii's state legislature,