In this video, “Understanding Verbal Threshold in New Jersey,” we discuss what happens when the plaintiff and tortfeasor in a civil action attempt to resolve their case by settlement without the consent of the workers’ compensation carrier in New York. This video is from a live presentation on March 9, 2020.
We discuss the following:
- What are the rights of the workers’ compensation carrier under Section 29 to the proceeds of a third-party lawsuit?
- What happens when the parties to the civil action do not obtain consent to settlement.
- The remedy available to the third parties when the workers’ compensation carrier refuses to consent to a settlement.
- How recent case decisions will impact the practice in 2020.
