The parties in lawsuits seeking damages for last year’s Maui wildfires have reached a global settlement of more than $4 billion (€3.6 billion), a court filing said on Friday.
The agreement comes nearly one year after the deadliest US wildfire in more than a century killed 102 people and destroyed the historic downtown area of Lahaina on Maui.
The term sheet with details of the settlement is not publicly available, but the liaison lawyers filed a motion on Friday saying the global...