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Station owners settle lawsuit for $813,000

By Associated Press
Thursday, September 4, 2008 -

PROVIDENCE - The owners of a nightclub where a 2003 fire killed 100 people have reached an $813,000 settlement with survivors and relatives of those killed, the latest in a flurry of agreements made in the last year to resolve lawsuits over the deadly blaze.

The settlement offer from Jeffrey and Michael Derderian, revealed in court papers yesterday, will be covered by their insurance policy since the brothers have received bankruptcy protection that shielded them from lawsuits.

 
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