Panico v. Thermea et al

Filing 134

ORDER Granting Motion for Order Approving Minor's Compromise by Chief Magistrate Judge Elizabeth D. Laporte.(shyS, COURT STAFF) (Filed on 10/20/2014)

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1 2 3 4 5 6 7 UNITED STATES DISTRICT COURT 8 NORTHERN DISTRICT OF CALIFORNIA 9 10 MELISSA PANICO, et al., Case No. 11-cv-02378-EDL Plaintiffs, 11 United States District Court Northern District of California v. 12 13 MILES INDUSTRIES LTD., ORDER GRANTING MOTION FOR ORDER APPROVING MINOR'S COMPROMISE Defendant. 14 15 On October 14, 2014, the Court held a hearing on Plaintiffs’ Motion for Order Approving 16 Minor’s Compromise. For the reasons stated at the hearing, the Court grants Plaintiffs’ Motion. 17 The gross amount or value of the settlement, including the portion dedicated to the claims of the 18 minors, is $1,290,000.00. Defendant shall disburse the proceeds of this settlement in the 19 following manner: 20 1. $719,514.00 is to be placed in a purchased single premium annuity pursuant to the provisions 21 outlined in the Petition on behalf of and for the sole benefit of claimant Signe Whelan; 22 2. $80,500.00 is to be placed in a purchased single premium annuity pursuant to the provisions of 23 the Petition on behalf of and for the sole benefit of claimant Oscar Whelan; 24 3. Attorney’s fees in the total amount of $216,621.50 payable to Cory Watson Crowder & 25 DeGaris; 26 4. Costs in the total amount of $90,000.00 payable to the firms of Carter Wolden Curtis, LLP, 27 Cory Watson Crowder & DeGaris, and the Arnold Law Firm; and 28 5. $183,364.50 is to be paid to Melissa Panico, individually. 1 2 3 4 5 6. There are no liens for medical, hospital, ambulance, nursing or other like expenses. IT IS SO ORDERED. Dated: October 20, 2014 ______________________________________ ELIZABETH D. LAPORTE United States Magistrate Judge 6 7 8 9 10 United States District Court Northern District of California 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2

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