Lump-sum payments should not be allowed for “schedule loss of use” cases under the Workers’ Compensation program where the award has not been reduced to present value, the New York Court of Appeals decided Thursday.
Reading several provisions of Workers’ Compensation Law �25, some dating back to the program’s origin in 1913, indicates that the payments must be made “periodically” and not all at once, a 7-0 court determined in a ruling by Chief Judge Judith S. Kaye.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
