IMPORTANT - Please Read
On June 5, 2013, the Los Angeles Unified School District made 35 settlement offers to the remaining plaintiffs who participated in the Miramonte Elementary School early resolution process. These offers were made according to Civil Code of Procedure 998, which creates certain legal ramifications for plaintiffs if not accepted within 30 days.
Since early in the process, the school district worked with plaintiffs’ lawyers to design an early resolution process that would allow the parties to use a respectful and private process to attempt to resolve the cases without litigation. Throughout that process, the school district tried to resolve the cases in a way that would promote healing and improve trust, while providing for the future health and educational needs of the children impacted.
Half of the Cases by Miramonte Students Have Settled
Earlier this year, nearly half of the cases by Miramonte students were settled. The court has already begun approving those settlements, and the families will start receiving their checks in the next two weeks.
As part of the more than 60 settlements, the students’ money will be invested into secure structures that can more than double the original amount, ensuring that each student will obtain ongoing financial resources for their lifetime.
The Facts about the 998 Offers and Miramonte Settlements:
If not accepted, the 998 offers establish a baseline amount that plaintiffs must beat in a court verdict. If the court verdict is less than the 998 offer amount, the individual plaintiffs will be personally responsible for paying certain legal costs incurred by the school district.
Plaintiffs only have 30 days to accept the 998 offers. Since they were served on June 5, 2013, all offers must be accepted by July 5, 2013. If the offers are not accepted within 30 days, they are considered rejected.
Each of the 998 offers included an example investment structure showing how the secure investments would make the settlement funds grow substantially so it could provide for the children over their lifetime. In some cases, the initial settlement amounts can be more than doubled through the use of structures. To see a sample structure, click here.
Through the proposed structured settlement, children will receive funds for healthcare and education. The payments are broken up so that there are several lump sum payments at various ages and then ongoing monthly payments from age 30 to age 70, ensuring that there are more than adequate funds for all future health and educational needs.
Remaining to accept the 998 offers
Notice Regarding Seeking Legal Advice
The information provided on this webpage is intended to help answer questions and provide factual information about how these offers work, what they mean and their potential impact. This information is not legal advice. You should consult your attorney for appropriate legal advice and to accept a settlement offer.