RI Nightclub Saga Nearing a Close
In February of 2003, nearly 100 people were killed at the Station House Nightclub in a fire caused by faulty pyrotechnics and bad soundproofing materials. Ever since, there has been an epic court battle over a financial settlement for the living victims and the families of those who perished.
Just today, a judge signed a ruling mandating that the $176 million + in settlement funds must be placed into a trust account. The parties involved have 90 days to move the money to the account.
From there, a trustee will determine how the money will be split amongst the families.
It’s about time this saga comes to a close.