St. Louis, MO (KSDK) - A settlement has been reached in wrongful death lawsuit filed against the former CEO of Anheuser-Busch, August Busch IV.
The medical examiner ruled that Adrienne Martin, 27,had lethal doses of oxycodone in her body. Her ex-husband, Dr. Kevin Martin,sued Busch for wrongful death in March 2011. Martin'sparents, Larry Eby and Christine Trampler,later joined the lawsuit against August Busch IV.
A court order released Tuesday said both sides reached agreement on a $1.75 million settlement. The majority of the money will go to Blake Martin, Adrienne's 10-year-old son. The rest will go to Martin's parents and attorney fees.
Maurice Graham, the attorney for August Busch IV, issued the following statement:
"Mr. Busch cares deeply for Adrienne's son, Blake Martin, and is happy this long and at times bitter legal dispute is finally over. The only remaining issue was the division of the total settlement of $1,750,000.00. August's concern was that Blake receive as much of the total settlement as possible. Importantly, the dispute was resolved amicably today allowing everyone to avoid the contested hearing scheduled for November 14. August hopes to remain an important part of Blake's life."
This resolutioncomes nearly two weeks before the scheduled start of a hearing on the wrongful death suit.
Busch IV, 48,is the great-great-grandson of Adolphus Busch, the founder of Anheuser-Busch. August Busch IV left the company as CEO in 2008 when it was sold and became Anheuser-InBev. He remains a paid consultant with the company.