A Settlement Agreement was reached with Höegh Autoliners AS and Höegh Autoliners, Inc. (“Höegh” or the “Höegh Defendants”). Under the terms of the Settlement Agreement Höegh agreed to pay CAD $2,729,000 for the benefit of Settlement Class Members. The Höegh settlement has received the necessary court approvals. Please see Documents to view the BC Settlement Approval order.