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Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ MGM says it can pay up to $ 800 million. US dollars for possible settlements related to the Vegas massacre

MGM says it can pay up to $ 800 million. US dollars for possible settlements related to the Vegas massacre



Between MGM and thousands of people who have been sued for various reasons because of killing 58 people and injuring more than 500 other people who have been killed by the MGM Mandalay Bay hotel, they have not yet reached the bid. The attack on the participants of the music festival was the most massive mass shooting in contemporary US history.

"MGM's goal of mediation has always been to address these issues so that all affected people can move forward in their treatment," Friday said. “After several months of mediation, some progress has been made, and while mediation is taking place, the Company believes it is reasonable to reach an agreement.

But Robert Eglet, a lawyer who says he represents more than half of the approximately 4,200 claimants, said CNN Business said they were still "far from paying if it settled".
  Victims of Las Vegas Victims & # 39; & # 39; insulted MGM's claim ]

"That's only possible," Eglet said. and added that if the decision was not reached, the lawyers involved in the case would re-open the case. 19659007] Last week, MGM said it was "reasonably possible" to pay $ 735 to $ 800 million.

• Notes that the company has about 751 million US Dollar Insurance Coverage That Can Be Used To Cover Such Costs.

MGM "continues to believe that it is not legally responsible for the offender's criminal activities," the statement says. But it's interested in "preventing a protracted litigation and related impact on the community."

MGM Resorts International is the venue for corporations with Mandalay Bay and Las Vegas Village.


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