Judge: Michelle C. Kim, Case: 22STCV24324, Date: 2023-10-19 Tentative Ruling
Case Number: 22STCV24324 Hearing Date: October 19, 2023 Dept: 31
DEPT: | 31 |
HEARING DATE: | 10/19/2023 |
CASE NAME/NUMBER: | 22STCV24324 V. C., et al. vs TRAVIS GRAY, et al. |
PETITION TO APPROVE COMPROMISE OF PENDING ACTION OF A MINOR | V.C., Age 12 |
RECOMMENDATION: | GRANT |
TENTATIVE¿
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The Court excuses the personal appearance of Claimant and the guardian ad litem. Counsel may appear by telephone or video conference call.¿¿
The Court has reviewed the Petition to Approve Compromise of Pending Action of a Minor V.C. (“Claimant”), age 12.
The parties have agreed to settle the case for the total amount of $200,000, with $100,000 to be apportioned to Claimant. Pertaining to Claimant, if the settlement is approved, $12,493.20 will be used for medical expenses, $25,000 for attorney’s fees, and $2,882.79 in expenses. The net balance of $59,624.01 will be invested in a single-premium deferred annuity.
The Court has reviewed the settlement and finds it fair and reasonable. The Court also finds the attorneys’ fees fair and reasonable, in that it amounts to 25% of Claimant’s settlement. Based thereon, the Court approves and GRANTS the petition.
The Court sets an Order to Show Cause Re: Compliance: Proof of Purchase of Annuity(ies) on____________________ IN DEPARTMENT SS-31 AT 8:30 AM.¿¿¿¿
Moving party is ordered to give notice.