On October 3, 2019, attorneys representing the plaintiffs in litigation involving the 1 October shooting announced that they had reached a settlement agreement to resolve the pending lawsuits against MGM Resorts. The settlement, which will be between $735 million and $800 million, will be distributed to the families of the 58 victims who died in the shooting and others who were injured at the Route 91 Harvest Festival.
The settlement agreement was the result of ongoing mediation efforts of the 1 October Litigation Leadership Group, consisting of Robert Eglet (Eglet Adams), Mark Robinson (Robinson Calcagnie) and Kevin Boyle (Panish Shea & Boyle).
This settlement, which will create the third-largest victim compensation fund in U.S. history, will resolve lawsuits in at least 10 states seeking compensation from MGM Resorts for injuries received during the mass shooting.
A press conference was held at the Law Office of Eglet Adams on October 3, 2019, where Robert Eglet, Dan Robinson, and Kevin Boyle (Panish Shea & Boyle) discussed the tentative settlement between MGM Resorts and the 1 October shooting victims.
After 8 months of mediation, MGM Resorts and the 1 October Litigation Leadership Group were able to agree on a settlement range of $735-$800 million. The final amount will be based on the number of claimants who choose to participate in the settlement. Eglet Adams represents approximately 2,500 victims, and it is presumed that they will choose to participate. By doing so, claimants agree to dismiss and release all pending litigation against MGM Resorts. In addition, MGM Resorts will dismiss and release the declaratory-relief actions filed against the participating claimants.
“MGM’s stated goal from the outset of this litigation was to resolve these matters so that the community, the victims and their families can move forward in the healing process and today’s announcement is a step forward in this direction and proof in my mind that MGM meant what they said at the outset of this litigation, that their desire was to resolve this thing globally,” said Eglet.
The settlement will be funded by MGM Resorts’ insurers with a minimum of $735 million and up to $751 million. Depending on claimant participation, MGM Resorts will add additional amounts, up to $800 million.
Independent claims administrators will be appointed by the court to evaluate each claim and allocate the settlement fund among participating claimants. The disbursement process is expected to be completed by 2020.
The Law Office Of Eglet Adams
The law office of Eglet Adams is one of the most successful and well-respected personal injury law firms in the State of Nevada. Robert Eglet, the firm’s senior partner, has represented clients in Nevada for over 31 years. Mr. Eglet is a member of the “Inner Circle of Advocates,” a peer-reviewed, invitation-only organization whose membership is limited to the 100 best plaintiff trial lawyers in America.
Mr. Eglet is lead counsel for the Plaintiff Committee overseeing the thousands of claims arising out of the October 1, 2017 shooting in Las Vegas. Under Mr. Eglet’s leadership, Eglet Adams has obtained the largest personal injury verdict in America twice – $505.1 Million in 2010 and $524 Million in 2013.
The law office of Eglet Adams handles all personal injury matters, including defective products, mass torts, car accidents and catastrophic injury. Our unique team approach has proven successful for thousands of clients over the years and has resulted in an unprecedented record of multi-million dollar verdicts. Eglet Adams has been repeatedly recognized as a consumer rights advocate and was named as one of the “12 Best Plaintiff’s Law Firms in the Country” and one of the “50 Best Trial Firms in America” by the National Law Journal in 2014.