The parties in the case, which had a June 9, 2020 trial date set, say that, “in an effort to expedite the resolution of this case, the Parties agreed to the terms of a settlement in principle among themselves and separately agreed to a 90-day period for Defendants to secure funding commitments for the cash settlement amount from Defendants’ insurers,” and that, “once funding is resolved, the Parties will be in a position to promptly move for the Court’s preliminary approval of the settlement.” Read More