Texas EquuSearch spent about $100,000 helping in the search for Caylee Anthony back in 2008. During Casey Anthony's trial, the defense argued that Caylee had drowned accidentally in the family pool, and that Casey had known this. Caylee's body was found six months after her disappearance.
The search and rescue organization agreed to a settlement Monday with Anthony, who has filed for bankruptcy and has virtually no assets. Per the agreement, Casey Anthony will not object to having Texas EquuSearch listed as a creditor in her bankruptcy case, to the tune of $75,000. In return, the organization will not object to the discharge of Anthony's bankruptcy case.
While Casey Anthony has no assets right now, the rights to her life story are still likely worth a great deal of money. The bankruptcy trustee, Stephen Meininger, wants the creditors listed in the bankruptcy to benefit from Casey's story, while her lawyers of course have objected to this. Texas EquuSearch may never receive a dime in compensation from Casey Anthony, but the settlement seems to be their best option at this point.
Casey Anthony still faces two defamation lawsuits. One is put forth by Zenaida Gonzalez, the woman who has the same name as the fictional babysitter Anthony first blamed for Caylee's disappearance. The other is the meter reader who found Caylee's body, who had his name dragged through the mud during the trial. They, too, seem unlikely to gain much from a lawsuit against Casey Anthony, other than possibly positioning themselves in the bankruptcy pecking order as Texas EquuSearch has done.