Utility company that settles personal injury claim for $300,000 obtains complete reimbursement from co-defendant after six-day jury trial.
Throughout the case, the Luxor and Mandalay Resort Group denied liability. Knowing a large verdict was a significant risk, the utility company negotiated a favorable $300,000 settlement with Plaintiffs and concurrently issued a $199,000 Offer of Judgment to its co-defendants. After the Offer of Judgment was rejected, the case proceeded to a six-day jury trial. In less than two hours, the unanimous jury returned with a verdict that the Luxor and Mandalay Resort Group were actively negligent, thereby shifting the entire $300,000 loss from the utility company to the Luxor and Mandalay Resort Group plus likely attorney’s fees and costs from beating the pre-trial Offer of Judgment. The case was later settled during post-trial motions for $585,000.