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3. There being a dispute as to whether Attorneys Tarro
and Valletta are entitled to a forty (40) percent
contingent fee of the gross amount of the Check, the
difference between the one-third fee authorized herein
and the 40 percent fee shall be placed in an interest
bearing account, along with an additional $1,147.50
representing the disputed fee of Vincent Ragosta, Esq.
The account shall be in the joint names of Attorneys
Tarro, Valletta, Robert DiPippo and Leo Dailey with
payments to be made as appropriate following the final
resolution of those matters;
4. The balance of the proceeds after the deduction of
the aforesaid amounts shall be paid to Robert DiPippo,
Esq. and Leo Dailey, Esq. jointly to be held by them in
an interest bearing clients' account or accounts as they
shall deem proper for the benefit of the parties herein;
5. The motion of the Guardian-ad-Litem for termination
of his guardianship of John L. Sullivan and for his
discharge as Guardian-ad-Litem is granted;
6. The Guardian-ad-Litem is authorized to file a
request for payment for service rendered and expenses
incurred in the discharge of the performance of his
duties as Guardian-ad-Litem.
On March 19, 1990, Mr. Sullivan received a $7,500 payment; on
August 10, 1990, he received a $366,156 payment. Mrs. Sullivan was
paid $200,000 according to the terms of a property settlement
agreement dated August 1, 1990, which was incorporated into the
terms of a divorce decree dated August 8, 1990.
Neither Mr. nor Mrs. Sullivan filed a tax return for 1989.
Mr. Sullivan filed a delinquent income tax return for 1990,
reporting interest income from Wendy's/Commercial (sic) Insurance
of $151,925 and deducting $50,638 in legal fees incurred in
receiving this income.
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Last modified: May 25, 2011