She filed the suit in 2015 claiming her father had been trapped by a faulty seat belt and burned alive, also claiming the manufacturer had been aware the vehicle had safety issues. The company, however, reportedly "failed to install its electronic stability control system, which is specifically created to protect against the swerving actions inherent in hyper-sensitive vehicles of this type". According to ABC News story, Porsche originally alleged that Paul Walker "knowingly and voluntarily assumed all risk, perils and danger in respect to the use of the subject 2005 Carrera GT".
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According to Daily News, Paul's father, Paul Walker III, also reached a settlement with the Porsche.
Now 18, the younger Walker reached a settlement with Porsche on October 16, according to documents obtained by the Blast.
Two years of bitter struggle later, Porsche and Meadow Walker agreed to cancel the lawsuits.
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As previously reported, Meadow was award $10.1 million by Roger's estate in April 2016. The terms are confidential, but now both parties are requesting that the wrongful death case be dismissed.
Vin Diesel and Paul Walker in a scene from the film "The Fast And The Furious". The crash also killed the driver of the vehicle, Roger Rodas.
"The amount paid by the estate of Roger Rodas into a trust for Meadow Walker only covers a fraction of what her father would have earned as an worldwide movie star had his life not tragically been cut short", Meadow's lawyer Jeff Milam said in a statement when the money was distributed. Prior to reaching a settlement with Meadow, Porsche vehemently denied any allegations that they were at fault for Paul's untimely death.
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The SportDesign mirrors are painted Agate Grey and the auto has 20-inch Carrera S wheels in Titanium grey. With the PDK transmission and the Sport Chrono Package, the cars run neck-and-neck, at four seconds flat.