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KROGER NATIONAL OPIOIDS SETTLEMENT
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Last modified
8/9/2024 2:49:08 PM
Creation date
8/9/2024 11:06:07 AM
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Contracts
Company Name
KROGER NATIONAL OPIOIDS SETTLEMENT
Contract #
A-2024-122
Agency
City Attorney's Office
Council Approval Date
8/6/2024
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Docusign Envelope ID: 16E112FF-704F-42CB-8ECE-OB04A027CEOD <br />d) Collateral Source Payments and Third -Party Settlement. <br />In the event a Plaintiff Subdivision is awarded compensation, in whole or in part, by <br />any source of funds created as a result of litigation against an Opioid Defendant for <br />its reasonable Costs, it will reduce its claim for Costs from the CA Subdivision <br />Fund by that amount. If a Plaintiff Subdivision has already received a final award of <br />Costs from the CA Subdivision Fund, it will repay the fund up to the prior award of <br />Costs via a payment to the Settlement Fund Administrator or notify the Settlement <br />Fund Administrator that its allocation from the next and subsequent Annual <br />Payments should be reduced accordingly. If the Plaintiff Subdivision is repaying <br />any prior award of Costs, that repayment will occur as soon as is feasible after the <br />Plaintiff Subdivision's receipt of Cost funds from the collateral source, but no more <br />than 90 days after its receipt from the collateral source. The Settlement Fund <br />Administrator will add any repaid Costs to the CA Subdivision Fund. Any Plaintiff <br />Subdivision that has submitted for reimbursement to any national fund and has not <br />received a final determination by the First Claims Date may request that the <br />settlement administrator withhold some or all of its payment from the CA <br />Subdivision Fund in order to avoid repayment. <br />ii. In the event a Plaintiff Subdivision reaches a monetary settlement or compromise <br />against any Opioid Defendant outside of the National Opioid Settlement, the <br />monetary portion of such settlement, net of fees paid to outside contingency fee <br />counsel and of funds earmarked strictly for abatement, will be credited against its <br />Costs and the subdivision will be ineligible to recover those credited Costs from the <br />CA Subdivision Fund. Plaintiff Subdivisions negotiating monetary settlements or <br />compromises against any Opioid Defendant outside of the National Opioid <br />Settlement will negotiate for funds to repay any Costs it previously received from <br />the CA Subdivision Fund or for Costs it otherwise might be eligible to claim from <br />the CA Subdivision Fund. If such a settlement is paid after all final approved claims <br />for Costs by all Plaintiff Subdivisions are satisfied in full, the settling subdivision <br />will reimburse the CA Subdivision Fund in that amount by making payment to the <br />Settlement Fund Administrator to add to the CA Subdivision Fund in a manner <br />consistent with the repayments described in section 2.d.i above. <br />El <br />o . ' <br />
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