In this episode, “Future Offset Rights in NY/NJ: Who Pays for What, and When?,” Christopher Major, Civil Practice Team Leader at Lois Law Firm, addresses the often-misunderstood issue of future credit and offset rights under Section 40 in New Jersey (NJSA 34:15-40) and Section 29 in New York (WCL Section 29) when the petitioner/claimant settles their third-party case. We will examine in detail what the statutes require, what the law dictates, and how you can maximize the application of your future credit/offset rights in your claims.
Major discusses the following:
- What Section 40 and Section 29 say about future offset rights following a third-party settlement.
- How these statutory rights have been applied by the courts.
- When and how to start taking and tracking your credit/offset.
- Pro tips for practitioners, subrogation specialists, and claims professionals.
What is “Defending Employers: Audio From Lois Law Firm, Workers’ Compensation Defense Attorneys”?
This is the audio feed from Lois Law Firm’s popular webinar training series. Every month the Firm’s attorneys present different topics in workers’ compensation. Meant as a 101 level training course, the attorneys present a fresh take on common issues in workers’ compensation defense.
Special Reports and Presentations: When emerging legal issues arise that impact employers, Lois Law Firm publishes special presentations. These special events, hosted by attorneys and presented in plain English, make the emergent changes understandable for business owners, insurance carriers, and other attorneys.