$4.77 Million

A company van ran a red light and struck a moped with a 15-year-old passenger riding on the back. The passenger suffered a life-threatening closed head injury with intraventricular hemorrhage and substantial skull fractures. We were able to settle the case with the company’s insurance company for $4,775,000. Additionally, we brought on board a Certified Financial Planner to advise regarding the allocation between cash annuities and provide for the management of the cash proceeds. The result was a structured settlement providing sufficient family income to permit the father of the 15-year-old to quit his job and devote his full time and energy to caring for his son.