Joe Patrizzo's Case
I received an email from the claimant’s counsel advising me that the terms of the settlement are for a gross amount of $480,000.00. His fees and expenses are $165,487.96, That represents .3447% of the gross settlement.
Our lien at this time is $99,290.61. If we reduce that by .3347, we get back $65,065.14. The attorney Joe Patrizzo had written to me on 09/07/17 giving me these numbers but he also wanted to know if we would be willing to waive the balance of our lien if the claimant would waive his rights under Burns. He had not talked to the claimant’s Workers’ Compensation attorney but he wanted to know if it was worth discussing. I thought about it and I do not think it is worthwhile for us to do that. I talked to Ryan Farrell on 09/12/17
Our lien at this time is $99,290.61. If we reduce that by .3347, we get back $65,065.14. The attorney Joe Patrizzo had written to me on 09/07/17 giving me these numbers but he also wanted to know if we would be willing to waive the balance of our lien if the claimant would waive his rights under Burns. He had not talked to the claimant’s Workers’ Compensation attorney but he wanted to know if it was worth discussing. I thought about it and I do not think it is worthwhile for us to do that. I talked to Ryan Farrell on 09/12/17