Thursday, June 10, 2010
The New York Times reports here that a new settlement agreement has been reached that would compensate about 10,000 ground zero rescue and cleanup workers. This new settlement follows an earlier settlement agreement that was rejected as inadequate by United States District Judge Alvin Hellerstein. The new settlement agreement reflects reduced attorney fees (25%, down from 33.33% in the earlier agreement), providing an additional $50 million for the plaintiffs. The new settlement agreement was well received by Judge Hellerstein, but must still be approved by plaintiffs.