‘High-Low’ Agreements For Minors Require Court’s OK In a case with a child plaintiff, the state Superior Court in a memorandum opinion has upheld a $3 million verdict despite a “high-low” settlement agreement that would have placed a $900,000 upper limit on the award.
Because the case involved the interests of a child, the proposed settlement needed court approval. But, according to court papers, the settlement – under which lawyers agreed that the case be settled for no less than $100,000 but no more than $900,000 – never received court approval. The jury ultimately returned a $3 million verdict.
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