Common Contracts
1 similar Accident Settlement Agreement contracts
BUS ACCIDENT SETTLEMENT AGREEMENTAccident Settlement Agreement • December 26th, 2007
This is a settlement agreement entered into by the City of Chicago in June 1989 with a woman who was hit by a municipal bus in 1978. The agreement was edited for style and to remove the plaintiff's name. The undiscounted sum of the payments is $780,000. The initial payment of $95,000 mentioned in paragraph 2 was distributed (i) $85,000 to the plaintiff's attorney, under a contingent fee agreement giving the attorney 40% of any recovery; (ii) $1,500 to cover expenses incurred by the plaintiff's attorney; and (iii) $8,500 to plaintiff. Plaintiff kept all subsequent payments.
