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$24,200,000 Verdict Against Bruce Flett & James W. Flett Co., Inc.

VERDICT: SETTLEMENT: Jenny Ree v. Bruce Flett and James W. Flett Co., Inc. Date of Settlement 9/96 Superior Court, Middlesex County, Massachusetts

XIV/20-38 Motor Vehicle Disabled Car In Breakdown Lane Struck In The Rear Quadriplegia

Pltf. Atty: Harvey Weitz, Arnold Kleinick, and Barry S. Huston of Schneider, Kleinick, WeitZ, Damashek & Shoot, Manhattan

Deft. Atty: N/A

Summary:

This action, which settled before trial for a $15,700,000 structured settlement with a cash value of $8,500,000, arose out of a motor vehicle accident that occurred on 3/31/95. Pltf., a 22-year-old student at Smith College in Northhampton, Massachusetts and a resident of Roslyn, New York, was sitting in a disabled car in the breakdown lane of the westbound lanes of the Massachusetts Tpke. when Deft. Bruce Flea, driving a pickup truck for his employer, Deft. James W. Flett Co., struck Pltf. s car in the rear. Pltf. contended that Deft. had a history of prior accidents while operating Flea Co. vehicles.

Injuries: quadriplegia. Pltf. has only limited use of her arms and is confined to a wheelchair. Structured settlement details: $5,500,000 cash payment; $7,200,000 in annuity payments; $3,000,000 lump sump payments over the next 20 years.

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