Tribe reaches agreement over Grand Canyon Skywalk

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Updated: 4/25/2014 4:37 pm

FLAGSTAFF, Ariz. (AP) — An Arizona tribe and the family of a Las Vegas businessman have reached an agreement in a three-year dispute over the Grand Canyon Skywalk.

The Hualapai Tribe announced the agreement with David Jin's family late Thursday. The terms of the settlement are confidential but resolve all legal battles in tribal, bankruptcy and federal court.

The parties declined further comment on the settlement.

Jin, who died last year, invested $30 million to build the horseshoe-shaped glass bridge that has become the signature of Hualapai tourism.

The dispute between Jin and the tribe centered on management fees and an unfinished visitors center.

Jin had said the tribe owed him as much as $277 million. The tribe had estimated the fair market value of the Skywalk at $18 million.

©2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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