Michael J. and Carrie L. Woods - Page 3

                                        - 3 -                                         
          Island on July 1, 1986, individually and on behalf of Jacquelyn             
          against Dr. Christos H. Erinakes (Dr. Erinakes) and Kent County             
          Hospital.  Dr. Erinakes was represented by Dennis J. McCarten               
          (McCarten).  Dr. Erinakes' medical malpractice insurer was Joint            
          Underwriting Association (JUA).                                             
               In December 1991, the Woodses and Jacquelyn settled their              
          claim against the hospital for an unspecified amount of damages.            
          The settlement proceeds from the hospital are fully excludable              
          from gross income under section 104(a)(2).                                  
               On December 11, 1991, a jury awarded damages against Dr.               
          Erinakes of $1.2 million to Jacquelyn and $120,000 to the                   
          Woodses.  The clerk of the court added statutory prejudgment                
          interest of $888,000 as required by R.I. Gen. Laws section 9-21-            
          10 (1997) to Jacquelyn's award, totaling $2,088,000.  The jury              
          award for Jacquelyn of $1.2 million is 57.47 percent of                     
          $2,088,000.  The statutory prejudgment interest of $888,000 is              
          42.53 percent of $2,088,000.  The clerk of the court added                  
          statutory prejudgment interest of $88,800 as required by R.I.               
          Gen. Laws section 9-21-10 to the Woodses' award, totaling                   
          $208,800.  The jury award for the Woodses of $120,000 is 57.47              
          percent of $208,800.  The statutory prejudgment interest of                 
          $88,800 is 42.53 percent of $208,800.                                       
               On December 20, 1991, Dr. Erinakes moved for a new trial on            
          all issues, or, alternatively, on the issue of damages.  The                
          trial court denied the motion on February 28, 1992.  Dr. Erinakes           




Page:  Previous  1  2  3  4  5  6  7  8  9  Next

Last modified: May 25, 2011