Las Vegas shooting victims closer to getting US$800M payouts

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More than 4,400 relatives and victims of the deadliest mass shooting in recent U.S. history could receive about US$800 million in payouts from MGM Resorts International and its insurers by January, the casino giant and attorneys said Thursday.

After a year arranging details, Robert Eglet, the attorney handling the settlement of hundreds of lawsuits, submitted documents asking a Nevada court judge to approve sweeping negotiations involving an eye-popping number of plaintiffs from nearly every state in the U.S., at least eight Canadian provinces, the United Kingdom, Iran and Ireland.

The company acknowledged no liability. It will pay $49 million, while insurance companies will pay $751 million, both sides said. "Everybody recognized there are no winners in long, drawn-out litigation with multiple trials where people and the community are reliving the event every time we try a case," he told The Associated Press.

A minimum $5,000 would go to each person who filed a claim for unseen injuries and did not seek medical attention or therapy, he said.

 

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I'm not good at math but it looks as though that might give each one of the 4,400 people in the suit a whole ~$180k and I assume that is before legal fees, which are likely to be substantial. Human lives are worth so little to those who would do evil!

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