Title
Dept/ Agency: Law
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Purpose: Settlement of Civil Litigation
Docket No.: Not Applicable
Claimant: Ehrlich, Petriello, Gudin, Plaza and Reed, PC, 60 Park Place, Suite 1016, Newark, New Jersey 07102
Claimant's Attorney: Not Applicable
Settlement Amount: $50,686.05
Funding Source: 2024 Budget/Law Department/Business Unit: NW025, Dept. 25T, Div./Proj. 5T25, Account #96320, Budget Ref. B2024
Additional Comments:
body
WHEREAS, from January 1, 2023 through December 31, 2023, the City of Newark (the "City") utilized the legal services of Ehrlich, Petriello, Gudin, Plaza and Reed, PC, as Workers Compensation Counsel; and
WHEREAS, there remains an outstanding balance for the legal services provided to the City from February 1, 2023 through December 31, 2023; and
WHEREAS, to avoid the costly expense of litigation, the City's Corporation Counsel, on behalf of the City and Ehrlich, Petriello, Gudin, Plaza and Reed, PC, (the "Parties"), desire to amicably resolve this matter with payment by the City of the settlement sum, in exchange for the Plaintiff's execution of the Settlement Agreement and Release (attached) as a full and complete release of the matter; and
WHEREAS, a settlement proposal has been made to resolve this claim by payment in the total amount of Fifty Thousand Six Hundred Eighty-Six Dollars and Five Cents ($50,686.05) ("Settlement Sum"), and execution of a Settlement Agreement and Release; and
WHEREAS, the City's Corporation Counsel, based upon all facts and circumstances surrounding the matter, deems it is in the best interest of the City to resolve this matter by payment in the amount set forth above.
NOW, THEREFORE, BE IT RESOLVED BY MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
1. The City's Corporation Counsel is hereby authorized on behalf of the City of Newark, to accept ...
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