Judge Approves $800 Million Settlement for Las Vegas Shooting Victims

Update 10/02/2020 9:22am:

Previously, it was noted that MGM Resorts took lawsuits against them for the Las Vegas mass shooting that went down, to federal court, saying that 1,000 liability cases against them should be thrown out. Now, it has been reported that a judge has approved an $800 million settlement between victims in the shooting and the Mandalay Bay Hotel & Resort.

Although the $800 million has been approved by a judge, the update given by an attorney for MGM notes they are “hopeful” about getting funds for victims out by before 2021. Attorney Robert Eglet said, “We are hopeful it will be completed in a manner that we will be able to disperse the victims’ funds before the end of the year.”

It was also noted that the class-action suit against MGM Resorts included over 4,000 people and that the amount issued to each victim will vary. Some of the money to be issued to victims will come from $49 million put up by MGM Resorts International. The rest of the money to be issued to victims will come from insurance coverage.

source: CNN


Original 07/17/2018 5:19am:

The largest mass shooting in United States’ history occurred last year in Las Vegas when Stephen Paddock opened fire on thousands of festival goers from his Mandalay Bay hotel room. Now the hotel (via its parent company MGM Resorts) is suing the victims of the massacre claiming they had no liability for the shooting.

MGM Resorts took the lawsuits to federal court ordering that the over 1,000 liability cases against them be dismissed. Las Vegas attorney Robert Eglet said the hotel believes that it may have better luck at the federal level than at the state. Eglet characterized the move as “judge shopping” and “quite frankly verges on unethical.” He went on to say, “I’ve never seen a more outrageous thing, where they sue the victims in an effort to find a judge they like,”

MGM issued a statement on Monday claiming:

“The Federal Court is an appropriate venue for these cases and provides those affected with the opportunity for a timely resolution. Years of drawn out litigation and hearings are not in the best interest of victims, the community and those still healing.”

Source:nypost.com

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