Knaus et al v. The Boeing Company

Filing 88

ORDER GRANTING PLAINTIFF MIAO LUO AND YI QUIN'S UNOPPOSED MOTION FOR APPROVAL OF MINOR'S COMPROMISE re (596 in 4:13-md-02497-YGR) MOTION for Approval of Minor's Compromise filed by Miao Luo. Signed by Judge Yvonne Gonzalez Rogers on 5/2/2016. (fs, COURT STAFF) (Filed on 5/2/2016)

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1 2 3 4 5 6 7 8 9 10 Lewis S. Eidson, Esq. mike@colson.com Enid Duany Mendoza, Esq. enid@colson.com COLSON HICKS EIDSON, P.A. 255 Alhambra Circle, Penthouse Coral Gables, Florida 33134 Tel: (305) 476-7400 Facsimile: (305) 476-7444 Monica Kelly, Esq. monicakelly@ribbecklaw.com RIBBECK LAW CHARTERED Lake Point Tower 505 North Lake Shore Drive Chicago, Illinois 60611 Tel: (312) 822-9999 11 Attorneys for Plaintiffs 12 13 UNITED STATES DISTRICT COURT FOR THE 14 NORTHERN DISTRICT OF CALIFORNIA 15 16 IN RE: AIR CRASH AT SAN FRANCISCO, CALIFORNIA ON JULY 6, 2013 MDL No. 2497 Ther document relates to [PROPOSED] ORDER GRANTING PLAINTIFF MIAO LUO AND YI QIN’S UNOPPOSED MOTION FOR APPROVAL OF MINOR’S COMPROMISE 17 18 19 Case No. 4:15-CV-03916-YGR 20 21 22 CARL KNAUS et al, Plaintiffs, vs. 23 THE BOEING COMPANY, 24 25 26 27 28 Defendant. 1 Plaintiffs Miao Luo and Yi Qin, as natural parents of S.L. and as Next Friends of S.L., by 2 and through their counsel, have submitted their Unopposed Motion for Approval of Minor’s 3 Compromise pertaining to a settlement reached with all parties on behalf of S.L. 4 Upon review of the file and consideration of the materials submitted in support thereof, 5 including the Motion, the Declaration of Enid Duany Mendoza, the revised Report of Next 6 Friends, the revised Declarations of Miao Luo and Yi Qin, and the non-opposition of any of the 7 released parties provided to the Court prior to the making of this Order, the Court does hereby 8 find and order as follows: 9 10 1. The settlement of the claim of plaintiff S.L. against all parties, as compromised 11 pursuant to the terms of the Settlement Agreement and General Release (Exhibit A to the 12 Declaration of Enid Duany Mendoza) is approved. 13 14 2. Asiana's Aviation Hull and liability insurers and reinsurers subscribing to the policies in effect on July 6, 2013, shall issue payment in the amount of _______________ made 15 payable to MetLife Tower Resources Group, Inc. and delivered to NFP Structured Settlements, 16 as broker of record, to be received within 30 (thirty) days of Court Approval. 17 18 3. MetLife Tower Resources Group, Inc. shall fund the Periodic Payment(S) by 19 purchasing a “qualified funding asset” within the meaning of Section 130(d) of the Internal 20 Revenue Code of 1986 in the form of an annuity contract issued by Metropolitan Life Insurance 21 Company in the sum of ______________ for the benefit of S.L. that shall provide a 22 ____________ guaranteed lump sum payable ________________ to S.L. 23 4. If S.L. predeceases any Periodic Payment(s), the beneficiary of the Periodic 24 25 26 27 28 Payment(s) shall be the surviving parent(s) or legal guardian(s) of S.L. 5. S.L., by and through his parent(s) and legal guardian(s), agrees to provide the Foreign Wire Form required by Metropolitan Life Insurance Company for electronic deposit of MDL No. 2497 Case No. 4:15-cv-03916-YGR [Proposed] Order Granting Plaintiff Miao Luo and Yi Qin’s Unopposed Motion for Approval of Minor’s Compromise 2 1 funds. This completed form shall be provided to Metropolitan Life Insurance Company no less 2 than ninety (90) days prior to ________________. Delay in providing this information may 3 cause the Periodic Payment(s) to be delayed. 4 6. If a periodic payment is unable to be completed and S.L. cannot be contacted, 5 6 7 plaintiff’s counsel of record will remain responsible to make its best efforts to locate S.L. 7. The parties to this settlement shall cooperate fully and execute any and all 8 supplementary documents, including the Qualified Assignment document, and to take all 9 additional actions which may be necessary or appropriate to give full force and effect to the basic 10 terms and intent of this settlement. 11 8. Plaintiffs’ counsel may attach the fully executed settlement documents, when 12 obtained, to this Order for purposes of submitting same to Metropolitan Life Insurance 13 14 15 Company. 9. Should delays in effectuating the financial terms of this settlement cause a 16 decrease in the future payment amount to be received by S.L., no further pleading or order of this 17 Court shall be necessary so long as the total payment is no less than 97% of the amount set forth 18 in the Minor’s Compromise and the Declaration of Enid Duany Mendoza, all other variables 19 (payout date, purchase price of the annuities) remaining the same. 20 21 10. The Court approves the payment of $1,875.00 to Dr. Gennady Musher; and 22 $4,984.00 to the Western Eye Center in Shanghai, China. The Court further approves payment 23 of $176 to Statewide Interpreters Corporation for translation costs when S.L. went to medical 24 appointments in the U.S. with his parents. These liens shall be paid from the allotment for 25 attorneys’ fees pursuant to an agreement among counsel. 26 11. The Court approves payment of ________________ as attorneys’ fees. 27 28 MDL No. 2497 Case No. 4:15-cv-03916-YGR [Proposed] Order Granting Plaintiff Miao Luo and Yi Qin’s Unopposed Motion for Approval of Minor’s Compromise 3 1 12. The Court approves dismissal of all claims of S.L. against defendant, with 2 prejudice. Plaintiffs’ counsel shall submit dismissal promptly after the annuities set forth in the 3 settlement documents have been funded, and all other due consideration has been received by 4 Plaintiffs’ counsel. 5 6 IT IS SO ORDERED. 7 8 April 28 DATED: _____________________, 2016 ________________________________ Hon. Yvonne Gonzalez Rogers 9 U.S. District Judge 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 MDL No. 2497 Case No. 4:15-cv-03916-YGR [Proposed] Order Granting Plaintiff Miao Luo and Yi Qin’s Unopposed Motion for Approval of Minor’s Compromise 4

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