Settlement reached over airplane crash by New York Yankee

Claimants suing the estates of former New York Yankee Cory Lidle and his flight instructor, Tyler Stanger, have agreed to settle for $2 million, according to the New Jersey Law Journal. Claimants, which included insurers and individuals, originally sought $60 million in property and personal injuries.

The claimants accepted $2 million because Lidle, 34, and the instructor who died with him, Tyler Stanger, 26, each had $1 million liability policies, and the estates had no other assets worth pursuing, according to the New Jersey Law Journal. The settlement will be divided between insurance companies that paid a total of $16.5 million to 11 property owners as well as six property owners who had further claims and five personal injury plaintiffs. Claimants decided they did not want to pursue the personal assets of the estates left by Lidle or Stanger.