Casey Anthony, the Florida mother involved in the infamous 2011 acquittal for the 2008 murder of her 2-year-old daughter, has reached a settlement agreement with EquuSearch (TES).
The Texas-based company specializes in search and rescue operations in an effort to locate missing persons. Headquartered in the Houston suburb of Dickerson, Texas, the organization gained notoriety with the high-profile abduction case of Natalee Holloway.
The organization made headlines again with their search for 2-year-old Caylee Anthony. Six months after the disappearance and death, the toddler's body was found duct-taped in a wooded area not far from Anthony's home. The organization sued Anthony's
Texas EquuSearch claims that they shelled out more than $100,000 for the search of Caylee Anthony. They brought “countless” volunteers on board to participate in the nation-wide search for the child, who was already dead. In wake of the national search,, the company even had to turn down others in the same predicament to give Anthony's case top priority.
"Texas EquuSearch's mission and purpose is to help families and individuals to find their missing loved ones," he said. "That's the reason they helped the Anthony family in the first place. While they were searching for Caylee, they got calls from other families for help and had to turn them away."
The breaking point for EquuSearch came when Anthony's lawyers informed jurors during the trial that the child drowned in the backyard pool, and that Anthony was well aware that the child was not missing.
Attorney Marc Wites, who represents Texas EquuSearch, stated on Monday that the organization opted not to go to trial with the case. Anthony, 26, filed for bankruptcy at the top of the year in wake of the mounting cost she incurred amid the trial. She stated that she only has approximately $1,000 in assets, with more than an estimated $800,000 in debt.
According to the Orlando Sentinel, the search organization will be granted an unsecured claim of $75,000 under the terms of Anthony's settlement in her bankruptcy case. However, it's relatively unlikely that they'll receive that amount. They will probably get a small portion of whatever can be salvaged of Anthony's estate through her bankruptcy trustee. But, judging from the grim estimation of Anthony's assets, they won't walk away with much, if anything at all.
The motion was filed last week in the federal bankruptcy court of Tampa, Florida. However, in exchange for the acceptance of the settlement terms, EquuSearch will not be entitled to any other monetary claims, and will be forced to cease any further action in the case.
Image via Wikimedia Commons | Casey Anthony