CONFIDENTIAL SETTLEMENT
(Parties cannont be revealed)
Medical Negligence
Cerebral Palsy – Birth Injury, case against doctors and hospital in the St. Louis area.
SECTION 1 – Immediate Cash
Cash Payment: $606,822
SECTION 2 – Lifetime Monthly Income
Begining in 1 month
$3,350/month ($40,200/year)
Guarenteed until age 25
(Last Payment – 08/01/2020)
Beginning on 09/01/2020
$8000/month ($96,000/year) for life compounding annually at 3%
Subtotal: $10,828,500.00
SECTION 3 – Guaranteed Lump Sum Payments
Payable on 08/30/2020 (Age 25) – $25,000
Payable on 08/30/2025 (Age 30) – $50,000
Payable on 08/30/2030 (Age 35) – $75,000
Payable on 08/30/2035 (Age 40) – $150,000
Payable on 08/30/2040 (Age 45) – $250,000
Subtotal: $250,000
Total Projected Benefit: $12,792,672
GUARNTEED PAYMENTS
SECTION 1: $606,822
SECTION 2: $807,350
SECTION 3: $550,00
TOTAL: $1,964,172
Comments: This settlement ensured the care of the child for the child’s lifetime. The case involved the failure perform a caesarean or c-section in a timely manner when there was clinical and fetal heart monitor evidence of fetal distress. See our blog on Emergency Caesarean Sections.
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