Opinion
Case No. CIV.F-04-5418 OWW TAG.
October 12, 2005
STEPHEN J. RINGHOFF, LAW OFFICE OF STEPHEN J. RINGHOFF, A Professional Law Corporation, Modesto, California, Attorney for Plaintiffs.
ORDER APPROVING COMPROMISE OF MINOR'S CLAIM
This matter came on regularly for hearing, on September 19, 2005, before the Honorable Oliver W. Wanger, United States District Judge, Judge Presiding.
The matter having been presented to this Court, and good cause appearing
IT IS HEREBY ORDERED that the minor's compromise\settlement on behalf of the minor, Alex Rosenberg, is approved, and that Alex Rosenberg shall receive one-third ($33,333.34) of the settlement funds paid out by Craig Hansen in settlement of all claims against Craig Hansen. In exchange for payment by Craig Hansen to said minor, Craig Hansen shall be fully and forever released and discharged of and from all claims, charges, and demands of said minor arising of and from the incident that serves as the basis for the underlying lawsuit.
IT IS FURTHER ORDERED that Lee Mitchell Jacobson, as Guardian ad Litem, shall execute a release in full of all claims on behalf of said minor releasing any and all claims said minor may have against Craig Hansen. Lee Mitchell Jacobson, as Guardian ad Litem, shall, on behalf of said minor, execute a dismissal with prejudice of all claims and cross-claims said minor may have against Craig Hansen.
IT IS FURTHER ORDERED that Lee Mitchell Jacobson, as Guardian Ad Litem, shall execute the documents necessary for a dismissal of all claims and cross-claims, without prejudice, leaving the minor free to renew any claims he may have against the Colt parties when he reaches the age of majority.
IT IS FURTHER ORDERED that the net settlement proceeds due the minor, Alex Rosenberg, shall be placed into a structured settlement annuity that would begin paying annuities to Alex Rosenberg when he reaches the age of majority.