Title
Dept/ Agency: Law
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Purpose: Settlement of Workers' Compensation Claim
C.P. No.: 2008-33622
Claimant: Nicholas Russo
Claimant's Attorney: Ginarte, O'Dwyer, Gonzalez & Winograd
Attorney's Address: 400 Market Street, Newark, New Jersey 07105
Settlement Amount: $43,575.00
Funding Source: Insurance Fund Trust
Additional Comments:
Invitation: Corporation Counsel , May 3, 2016.
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WHEREAS, the Petitioner, Nicholas Russo, instituted suit in the Division of Workers' Compensation of New Jersey, Ocean County, bearing C.P. Number 2008-33622 against the City of Newark seeking workers' compensation benefits as a result of an accident that he sustained on September 12, 2008, while working for the City of Newark; and
WHEREAS, following settlement negotiations through Petitioner's attorney, Ginarte O'Dwyer Gonzalez & Winograd, Corporation Counsel and/or his designee, Martin M. Glazer, Esq. ("Outside Counsel") have agreed to amicably resolve and settle this matter under Section 22 of the Workers' Compensation Act (N.J.S.A. 34:15-22) by payment in the amount of Ninety-Five Thousand Forty Dollars and Zero Cents ($95,040.00) with third party credits of Sixty-Three Thousand Three Hundred Sixty Dollars ($63,360.00) totaling to Thirty-One Thousand Six Hundred Eighty Dollars and Zero Cents ($31,680.00). Pursuant to the terms of the Settlement Order to be executed by the Judge of the Division of Workers' Compensation, the City of Newark will also pay an attorney fee of Eleven Thousand Four Hundred Five Dollars and Zero Cents ($11,405.00), a medical evaluation fee of Four Hundred Dollars and Zero Cents ($400.00) and a transcription fee of Ninety Dollars and Zero Cents ($90.00) for a total settlement of Forty-Three Thousand Five Hundred Seventy-Five Dollars and Zero Cents ($43,575.00); and
WHEREAS, this settlement is subject to approval by t...
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