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Settlement reached in Wade restaurant trial

The Columbian
Published: June 1, 2010, 12:00am

MIAMI (AP) — The trial pitting Miami Heat star Dwyane Wade against two former business partners who wanted $25 million after a restaurant deal went sour has come to a quick end, with the sides announcing a confidential settlement.

Court was delayed for unexplained reasons for nearly three hours Tuesday. All parties, including Wade, walked into the courtroom at 2:02 p.m., and the settlement was announced eight minutes later.

Judge Peter Adrien also said the sides worked out deals on other cases, which could include another trial that was scheduled in Miami brought by some of the ex-restaurant partners alleging Wade walked away from an agreement to license his name to for charter schools, and an antitrust suit over potential sales of memorabilia.

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