Town
OKs $9.9M deal in lawsuit
By
Ivan H. Golden
Staff Writer
September 1, 2004
The
town of
Town
officials announced the settlement late
yesterday, after the Board of Estimate and Taxation voted to approve it,
clearing the final hurdle to resolving the two-year-old case.
First
Selectman Jim Lash said he hoped the settlement would allow both sides to
move past the accident. "This was a
terrible accident," he said. "We can't fix the
outcome with money, and we understand that. But this at least allows us
and the family to move on."
Dr.
Fred Epstein, 67, a Greenwich resident
and the founding director of the Institute for Neurology and
Neurosurgery at Beth Israel Medical Center in New York City, suffered
severe internal head injuries, paralysis
and other permanent injuries in the Sept. 30,
2001, accident, according to a lawsuit filed in 2002 by his wife, Kathy. He
was in a coma for 26 days, remained hospitalized for nine months and has
been unable to return to work.
Epstein's
attorney, Jay H. Sandak, said his client
has recovered somewhat from the accident, but he still has
extensive disabilities. Epstein and his wife declined to comment on the
settlement.
"No
amount of money can compensate Dr. Epstein
for his loss," Sandak said.
The
$9.9 million settlement may be the largest
in
But
the town will pay just $250,000 toward the
settlement. The balance will be paid by the town's insurance carrier,
Zurich Insurance, and the insurance carrier for A. Vitti Construction,
the Greenwich
firm that was working on
Lash
said the town chose to settle the case
rather than risk a trial, in which damages could have exceeded $20 million,
according to pre-trial documents filed in the case as well as an analysis
by the town's legal department.
"Whenever
we have a settlement, it's based on the
risk as (weighed) against the potential cost," Lash
said.
Sandak
said negotiations had been ongoing for
about two months; the case was scheduled for trial in March
2005.
The
Epstein settlement is the latest in a
series of costly verdicts and settlements against the town. Earlier
this year, the town was hit with a $6 million verdict in a case involving
another
Those
two cases have driven up the town's
insurance premiums, and Lash said yesterday's settlement, when viewed in
context of the other two, will likely continue that trend.
"There's
been a series of these cases," he
said. "And as a result of that, the town's insurance has already gone
up."
Copyright © 2004, Southern
Connecticut Newspapers, Inc.