A partial settlement was agreed with companies involved in the design and construction of the balcony last night
It is reported the survivors and families of those killed in the Berkeley balcony collapse have been awarded over €18m in a legal action.
A partial settlement was agreed with companies involved in the design and construction of the balcony - which collapsed during a student party in 2015 - last night.
The Irish Times reports the settlement - agreed before a California court - is worth around $20m (€18.2m).
The balcony collapse resulted in the deaths of six young people - including five Irish students - while seven others were injured.
The families and victims are continuing a separate action against the owner of the building and its management company.
In a statement last night, attorney Matthew Davis said the settlement will “never restore health or life but reflects an element of justice from the wrongdoers for the deaths and serious injuries caused by the tragedy.”
He said a trial date for the action against the building’s owner has been set for early 2018.
Five Irish students and one Irish-American woman lost their lives in June 2015, when a fifth-floor balcony collapsed during 21st birthday celebrations.
Eoghan Culligan (21), Lórcán Miller (21), Niccolai Schuster (21), Eimear Walsh (21), Olivia Burke (21) and Ashley Donohoe (22) were all killed in the tragic fall.
The American company responsible for building the apartment block lost its licence last month after being accused of "wilfully departing from trade standards."