IN RE MAUI WILDFIRES CLASS SETTLEMENT AGREEMENTClass Settlement Agreement • November 5th, 2024 • Hawaiian Electric Co Inc • Electric services
This CLASS SETTLEMENT AGREEMENT, dated as of November 1, 2024 (the “Settlement Date”), is made and entered into by and among Class Counsel, Class Representatives, and Defendants, who are parties to the Consolidated Complaint arising out of the Maui windstorm and fires of August 2023, including the fires in Lahaina, Kula, and Olinda (“Maui Fires”). This Class Settlement Agreement, together with the Individual Settlement Agreement that Defendants are entering into simultaneously, is intended by the Parties to fully and finally compromise, settle, resolve, discharge, release, and dismiss with prejudice on a comprehensive, global basis all Released Claims against the Releasees, as set forth below, under the terms set forth herein, subject to review and approval by the Approving Court and satisfaction of all other Conditions set forth below.
IN RE MAUI WILDFIRES INDIVIDUAL SETTLEMENT AGREEMENTIndividual Settlement Agreement • November 5th, 2024 • Hawaiian Electric Co Inc • Electric services
This INDIVIDUAL SETTLEMENT AGREEMENT, dated as of November 1, 2024 (the “Settlement Date”), is made and entered into by and among Identified Plaintiffs’ Counsel and Defendants, who are parties to multiple lawsuits arising out of the Maui windstorm and fires of August 2023, including the fires in Lahaina, Kula, and Olinda (“Maui Fires”). This Individual Settlement Agreement, including the Individual Settlement Agreements and Releases, together with the Class Settlement Agreement that Defendants are entering into simultaneously, is intended by the Parties to fully and finally compromise, settle, resolve, discharge, release, and dismiss with prejudice on a comprehensive, global basis all Released Claims against the Releasees, as set forth below, under the terms set forth herein, subject to review and approval by the Approving Court and satisfaction of all other Conditions set forth below.
