Although some
of the parties that lawyers consider most culpable have yet to enter
into settlements, attorneys for those killed and injured as a result of
the fire are anticipating that the civil lawsuits pending in U.S.
District Court can be wrapped up during the next several months,
without a trial. They’ve told clients that their “goal” is to
distribute the proceeds by the end of December.
There are still
claims against the State of Rhode Island and the Town of West Warwick
that would need to be resolved before the victims’ lawsuits can be
terminated –– claims that, if settled, might require General Assembly
and/or voter approval.
The state and the town were sued because
no one delegated to inspect The Station ever cited its owners, Michael
and Jeffrey Derderian, for the highly flammable polyurethane foam they
installed as soundproofing in their club. The West Warwick fire
marshal, Denis P. Larocque, who recently retired with a disability
pension from the town, said he never noticed the foam during his
inspections.
The Derderians each pleaded no-contest to 100
counts of involuntary manslaughter in connection with the 2003 fire
that killed 100 people and injured more than 200 others. They, too,
remain as defendants in the civil lawsuits. But there isn’t much money
to be had from the brothers. After the fire, they filed for bankruptcy
protection and their debts have been discharged. Therefore, they would
be immune from paying any judgment that could be rendered against them
if the case went to trial. The only payments that the victims might be
able to recoup from the Derderians in a settlement are the proceeds of
a property insurance policy on the building, which would yield less
than $1 million if the bankruptcy court approves its release.
To date, close to $155 million has been tentatively offered to settle
the fire victims’ claims. This includes $1 million that the court is
holding from the rock band Great White –– whose pyrotechnics sparked
the deadly fire –– and many millions offered by other parties,
including corporations that allegedly made the foam that lined the
walls as well as sponsors of the Great White show, among them, the beer
manufacturer Anheuser-Busch.
Read the full story here.