Local Rule LR Cv 39.4: SETTLEMENT
Bankr. D.R.I. — Civil rule
LR Cv 39.4 SETTLEMENT
(a) Settlements on Behalf of Minors or Incompetents. In order to obtain court approval of any settlement on behalf of a minor or incompetent, a motion for approval must be filed and approved by the Court. Motions for approval shall be accompanied by the following:
(1) a report from the guardian, guardian ad litem or next friend explaining why the proposed settlement is in the best interest of the minor or incompetent and should be approved;
(2) a statement setting forth the terms of the settlement and precisely how and to whom the settlement proceeds will be distributed, including the amounts to be paid to counsel as fees and/or reimbursement for expenses incurred;
(3) a copy of any settlement agreement and/or release that is to be executed on behalf of the minor or incompetent;
(4) an explanation as to how the proceeds payable to the minor or incompetent are to be safeguarded to ensure that they will be applied to his or her benefit;
(5) a copy of any trust or other document establishing the method by which the funds payable to the minor or incompetent will be safeguarded to ensure that any amounts payable to the minor or incompetent will be applied for the minor's or incompetent's benefit; and
(6) in personal injury cases, a complete description of the injuries sustained, whether any of them are permanent, copies of all relevant medical reports, and an itemized statement of all past and future medical expenses that may have been or are likely to be incurred.
The documents referred to in paragraphs (4) - (6) may be filed under seal if necessary to safeguard the privacy of the minor or incompetent person.
Effective 12/1/19: §(a)-(b) deleted; §(c) redesignated as (a). Effective 12/1/11: The numerical references in this rule were altered as part of the restyling of numerical references throughout the Local Rules. Effective 12/1/09: §§(a) and (b) amended.
CROSS-REFERENCES See LR Cv 54 (Costs) and LR Gen 102 (filing of documents containing confidential information).