Title
Dept/ Agency: Law
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Purpose: Settlement of Civil Litigation
Docket No.: ESX-L-3980-14
Claimant: Caesar Sperduto
Claimant's Attorney: Lomurro, Munson, Comer, Brown and Schottland, LLC
Attorney's Address: Monmouth Executive Center, 4 Paragon Way, Suite 100, Freehold New Jersey 07728
Settlement Amount: $55,000.00
Funding Source: Insurance Trust Fund
Additional Comments:
Invitation: Corporation Counsel
body
Whereas, Plaintiff, Caesar Sperduto instituted a suit captioned Caesar Sperduto v. City of Newark, Superior Court of New Jersey, Law Division, Essex County, Docket No. ESX-L-3980-14, in which the plaintiff sought recovery for damages for the alleged negligence of the City of Newark and its employees; and
WHEREAS, a settlement proposal has been made to resolve this litigation in its entirety by execution of the attached Settlement Agreement and Release, and payment in the total amount of $55,000.00 (Fifty-Five Thousand Dollars and Zero Cents) ("Settlement Sum"); and
WHEREAS, the Corporation Counsel based upon all facts and circumstances presented, deems it in the best interest of the City of Newark to resolve said matter by execution of the Settlement Agreement and Release and payment of the proposed Settlement Sum.
NOW, THEREFORE, BE IT RESOLVED BY MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
1. The Corporation Counsel is hereby authorized, on behalf of the City of Newark, to execute and accept the terms of the Settlement Agreement and Release, attached hereto.
2. Upon receipt by the Corporation Counsel of all documents deemed necessary, the Director of Finance is hereby authorized and directed to issue payment of the sum of $55,000.00 (Fifty-Five Thousand Dollars and Zero Cents), which payment will be made jointly payable to ("Caesar Sperduto and Lomurro Munson Comer Brown & Schottland, LLC") and which payment will be mailed to Richard Galez, Esq., Monm...
Click here for full text