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Fyre Festival attendees to be awarded $7,220 each in $2 mn class-action settlement

Fyre Festival attendees to be awarded $7,220 each in $2 mn class-action settlement
Firstpost
2 hours ago
The New York Times
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Fyre Festival attendees to be awarded $7,220 each in $2 mn class-action settlement
Nearly four years after an infamous festival that was billed as an ultraluxurious musical getaway in the Bahamas left attendees scrounging for makeshift shelter on a dark beach, a court has decided how much the nightmare was worth: approximately $7,220 apiece.
The $2 million class-action settlement, reached Tuesday in US Bankruptcy Court in the Southern District of New York between organisers and 277 ticket holders from the 2017 event, is still subject to final approval, and the amount could ultimately be lower depending on the outcome of Fyre’s bankruptcy case with other creditors.

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