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$2,775,000 ($100,000 of this amount to be
paid by the insurer of Michelle Shultz, M.D.
and East Side Obstetrics-Gynecology, P.C.)
payable to Donna Weiss-Davenport and Richard
Davenport, individually, and the law offices
of Marietta S. Robinson, their attorney.
All sums set forth herein constitute damages
on account of personal injuries or sickness,
within the meaning of Section 104 (a)(2) of
the Internal Revenue Code of 1986, as
amended.
2.2 Periodic payments from Defendant, Sisters of
Bon Secours Hospital, to Donna Weiss-Davenport and
Richard Davenport as co-conservators of Sarah Maria
Davenport as outlined below:
2.2 A. $2,500 per month, beginning November 15,
1991, for Sarah’s life, compounded
annually at 5%, guaranteed 30 years.
All sums set forth herein constitute
damages on account of personal injuries
or sickness, within the meaning of
Section 104 (a)(2) of the Internal
Revenue Code of 1986, as amended.
2.2 B. $2,500 per month, beginning November 15,
1991, for Sarah’s life, compounded
annually at 5%, guaranteed 30 years.
All sums set forth herein constitute
damages on account of personal injuries
or sickness, within the meaning of
Section 104 (a)(2) of the Internal
Revenue Code of 1986, as amended.
3.0 PAYEE’S RIGHTS TO PAYMENTS
Plaintiffs acknowledge that the Periodic
Payments cannot be accelerated, deferred, increased or
decreased by the Plaintiffs or any Payees; nor shall
the Plaintiffs or any Payees have the power to sell,
mortgage, encumber, or anticipate the Periodic
Payments, or any part thereof, by assignment or
otherwise.
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Last modified: May 25, 2011