#wildfire settlement
Gov. Green signs landmark legislation pertaining to Maui Wildfires Settlement
Gov. Josh Green, M.D. has enacted legislation to solidify the global settlement for claims relating to the August 2023 Maui wildfires and to further codify the role of Hawai‘i’s first State Fire Marshal in nearly 46 years.
Independent investors acquire non-controlling interests in American Savings Bank
Independent investors have acquired non-controlling interests in American Savings Bank in separate transactions from Hawaiian Electric Industries Inc., the bank announced today. Among other things, HEI said the sale will give it flexibility in making its Maui wildfire settlement contributions.
$4B Global Settlement reached toward resolution of wildfire lawsuits; Agreement is subject to court approval
Today, following months of good faith negotiations, the County signed a Term Sheet with key participants in the lawsuits arising out of the tragic Maui wildfires of August 8, 2023. The agreement outlines the framework for a global settlement that would resolve claims and disputes related to the fires that devastated Lahaina and other communities on the island.
