The family of Caleb Schwab will receive nearly $20 million after a settlement with the companies involved in the water slide in Schlitterbahn that killed the 10-year-old boy.
Caleb Schwab, the son of Kansas Rep. Scott Schwab, suffered a fatal neck injury while riding the Verrückt water slide in August, 2016.
The settlement was reached in January, 2017.
The settlement is broken down between four parties.
- $14 million from SVV1 and KC Water Park. These two companies are associated with Schlitterbahn water park.
- $5 million from Henry & Sons Construction. The company was the general contractor on the Verrückt water slide that broke records for its height.
- $500,000 Zebec of North America, which manufactured the raft that carried Schwab and two others down the slide.
- $232,125 from National Aquatics Safety Co. and its founder, John Hunsucker. The group consulted on the construction of Verrückt.
The exact total of the settlement is $19,732,125.
In a statement released by Schlitterbahn the company said,
"The Schwab family and all those impacted by the accident will forever be in our thoughts and prayers, and our deepest condolences are with the family. We are thankful to have reached a settlement with all parties. We will be removing the ride from our Kansas City park when given permission by the court, which we have yet to receive.
------
