A Miami bankruptcy judge approved a joint settlement among several parties fighting over the leftovers of Aventura developer Jeffrey Soffer’s company that started—but couldn’t finish—the Fontainebleau Las Vegas hotel resort.

U.S. Bankruptcy Judge A. Jay Cristol approved a $177 million settlement agreement for Fontainebleau Las Vegas Holdings LLC following a 2½-hour hearing Wednesday, said trustee Soneet Kapila, a partner at Kapila & Co. in Fort Lauderdale,

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