$350,000 settlement for an Essex County woman who injured her knee and back when she slipped on snow and ice walking into a Target store. The firm brought a lawsuit against Target and the snow and ice landscaper who was responsible for clearing the walkways. The case settled following a mediation several weeks prior to trial
One of the most frequent question my clients have is, “Do I have to pay taxes on money I was awarded in a personal injury lawsuit?” Yes, but with a caveat. Money awarded in a personal injury lawsuit for compensatory damages such as pain and suffering, disability, impairment, and loss of enjoyability of life are not taxable. However, the caveat is that money awarded for economic damages-such as wage loss or loss of business opportunity-are taxable, because economic damages are income related losses.
$350,000 settlement for a Burlington County man who wassideswiped by a tractor trailer. Theclient aggravated a prior knee injury he had surgery on 3 weeks prior. The case settled at a settlement conference several weeks prior to trial.
A union county woman was struck in the rear of her vehicleby a tractor trailer, resulting in injuries to her back which required backsurgery. This client had an extensive history of back problems from prior car accidents. The firm was able to establish that the new accident aggravated the pre-existing back problems. The case settled for $375,000 after arbitration.
A Middlesex County woman slipped and fell on a wet floor while walking into a New Jersey diner. As a result, she injured both her knees necessitating bilateral arthroscopic knee surgeries. Her case settled at mediation for $500,000.00.
A former Lowes Employee was injured while working when he was operating a defective carpet cutting machine. While attempting to use the machine, he sustained an electric shock and was thrown back. The client suffered neck and back injuries as well as nerve damage, necessitating surgeries. The liability expert’s testimony established that the carpet machine wire was defective and was the cause of the injury.