UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF CALIFORNIA SACRAMENTO
May 14, 2010
SHELBY GOMEZ, A MINOR, BY AND THROUGH HER GUARDIAN AD LITEM, ARNOLD GOMEZ PLAINTIFF,
UNION PACIFIC RAILROAD COMPANY AND DOES 1 - L, INCLUSIVE, DEFENDANTS,
The opinion of the court was delivered by: Morrison C. England, Jr. United States District Judge
After considering the Minor Plaintiff's Unopposed Motion for Approval of Proposed Compromise, and argument of counsel, the Court GRANTS the motion and approves the Minor Plaintiff's Unopposed Motion for Approval of Proposed Compromise. The Court further authorizes the purchase of an annuity from Prudential Insurance Company of America ( rated A by A. M. Best) for the benefit of the minor Plaintiff, and providing the minor Plaintiff with the following periodic payments:
$10,000 Annually, guaranteed 5 years, beginning on August 1, 2019. The last payment will be made on August 1, 2023; be made on July 1, 2024.;
$10,000 Annually, guaranteed 5 years, beginning on January 1, 2020. The last payment will be made on January 1, 2024; and
$514.04 per Month for the life of Shelby Gomez, guaranteed 30 years, beginning on August 1, 2024, compounding at 3% annually. The Compounding benefits begin August 1, 2025. The last guaranteed payment will be made on July 1, 2054. Notice of the purchase of said annuity shall be filed with the Court not later than ten (10) days following the date of this Order.
IT IT SO ORDERED.
© 1992-2010 VersusLaw Inc.