KANE v. CHESTER COUNTY DEPARTMENT OF CHILDREN, YOUTH AND FAMILIES et al, No. 5:2012cv06649 - Document 150 (E.D. Pa. 2016)

Court Description: OPINION/ORDER THAT THE PETITION IS GRANTED EXCEPT FOR THE AMOUNT OF THE ATTORNEYS FEES, WHICH SHALL BE REDUCED FROM $1,109,926.08 TO $1,054,429.77, REPRESENTING 38.5% OF THE NET SETTLEMENT AMOUNT OF $2,774.815.19. SIGNED BY MAGISTRATE JUDGE HENRY S. PERKIN ON 7/15/16. 7/15/16 ENTERED AND COPIES E-MAILED. (ky, )

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KANE v. CHESTER COUNTY DEPARTMENT OF CHILDREN, YOUTH AND FAMILIES et al Doc. 150 IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF PENNSYLVANIA ____________________________________________ : JEREMIAH KANE, as guardian ad litem of : CIVIL ACTION K.J. AND I.J.P. a/k/a I.P., both minors, : Plaintiffs, : NO. 12-6649 : vs. : : COUNTY OF CHESTER, PENNSYLVANIA and : THE CHILDREN’S HOME OF READING, : Defendants. : ____________________________________________: ORDER AND NOW, this 15th day of July, 2016, upon consideration of Plaintiffs’ Petition to Compromise and Settle Minors Claim and noting that the parents of K.J. and I.J.P. a/k/a I.P. and the former Guardian ad Litem join in the relief requested, IT IS ORDERED that the Petition is GRANTED except for the amount of the attorneys fees, which shall be reduced from $1,109,926.08 to $1,054,429.77, representing 38.5% of the net settlement amount of $2,774,815.19. IT IS ORDERED that total distribution of funds for the benefit of K.J. and I.P. shall be $1,720,385.42, reflecting the addition of $55,496 (formerly allocated to attorney fees) to the fund for Defendants’ purchase of a structured settlement annuity(ies) consistent with the terms of the proposal issued by Ringler Associates at Exhibit 8 to the Petition. IT IS FINALLY ORDERED that additional costs incurred by Plaintiffs’ counsel after filing the Petition shall be deducted from any balance after payment of $1,720,385.42, the total cost of the proposed structured settlement. After payment of said costs, the remaining balance, if any, shall be paid to Dwaine and Joy Eley for the benefit of the minors. BY THE COURT: /s/ Henry S. Perkin HENRY S. PERKIN, UNITED STATES MAGISTRATE JUDGE Dockets.Justia.com

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