Can the IRS Take My Personal Injury Settlement?

December 16, 2022December 19, 2022

Personal injury cases can take months; even years to finally resolve. However, the stress doesn’t always end after finally receiving compensation. There are many instances where the defendant is subject to income tax that applies to a personal injury settlement. One of the most frequently asked questions is whether or not the defendant has to pay taxes on settlements. The good news is that most money received is typically non-taxable. Let’s look at some cases where you may have to pay taxes and how to protect your settlement from the IRS.

Sandy Hook Gun Settlement Marks a Turning Point

December 14, 2022August 25, 2025

Survivors of Sandy Hook school shooting victims recently announced a $73 million settlement with insurers for the now-bankrupt Remington Arms, maker of the rifle used in the killings in 2012. The case centered on allegations Remington marketed the weapon in a way that encouraged illegal violence. Jacob D. Charles, executive director at Duke University Center for Firearms Law, discusses the settlement’s significance for future lawsuits against gun makers.

What is Possible Treatment Chronic Traumatic Encephalopathy or Traumatic Brain Injury

December 13, 2022December 19, 2022

One visionary physician, Mark Gordon, MD, has successfully treated both veterans and civilians with traumatic brain injury by restoring neurosteroid levels. Working with veterans who have sustained significant combat injuries to the brain, Dr. Gordon has restored wholeness to their lives. Hopefully, his innovative work with neurosteroids will find its way into mainstream medicine to help the millions suffering with traumatic brain injury

Colorado to Receive Over $150 Million in Opioid Funds from $10 Billion From CVS Walgreens Settlement

December 12, 2022December 19, 2022

Colorado is expected to get more than $150 million from a multi-billion-dollar national settlement with CVS and Walgreens for their roles in the opioid crisis. Colorado Attorney General Phil Weiser announced Monday he finalized agreements with the two pharmacy companies as part of a bipartisan coalition of attorneys general that worked to secure more than $10 billion nationwide. CVS will pay $5 billion, and Walgreens will pay $5.7 billion, totaling $10.7 billion.

Bicyclist Killed In Jefferson County Colorado $353M Awarded to Husband

December 9, 2022December 19, 2022

Mike Inglis knows he probably will receive little from the $353 million verdict a Jefferson County jury reached this week in the civil case he brought against the driver who struck and killed his wife, Gwen, last year while the couple were riding bikes on West Alameda Parkway. But it’s important to send a message about drunken and distracted driving, he said.

How a Fentanyl Drugmaker Bribed Doctors, Harmed Patients and Collected Millions

December 8, 2022December 19, 2022

Insys Therapeutics is the only drug marketer whose top executives were jailed as part of the opioid epidemic. The fallout from the company’s cash-for-scrips strategy that made it a Wall Street favorite reverberates today. With two weeks to go in the year, Alec Burlakoff dashed off an urgent email to sales representative Daniel Tondre.

RTD Files Derailment Report Begins R-Line Repairs at Aurora Intersection

December 7, 2022December 19, 2022

The Regional Transportation District has filed a confidential investigation report on its September light-rail train derailment with state regulators and is now working on repairs to the damaged section of the R-Line, the agency said Monday. RTD is sticking with its plan to restore service to a four-mile segment between the Florida and 13th Avenue stations sometime in December, though a news release says it might resume sooner. That will depend in part on discussions with Aurora city officials about the “train-traffic interface,” in which the R-Line turns 90 degrees, at street level, through the intersection of South Sable Boulevard and East Exposition Drive.

Colorado Springs Man Killed in Pedestrian-Vehicle Crash Identified

December 5, 2022January 27, 2023

A man killed after being hit by a vehicle while crossing the road in southeast Colorado Springs earlier this month has been identified as 58-year-old Rondell Winn, Colorado Springs police said Wednesday.

Around 9:30 p.m. on Nov. 14, police responded to the area of the 1900 block of South Academy Boulevard, near the intersection with Chelton Road, for an auto-pedestrian crash. Officers arrived to find a deceased male on scene who had been hit by a vehicle while crossing Academy Boulevard, police said.

Four Hospital Security Guards Put a Colorado Man in a Chokehold. He Died 8 Days Later.

December 1, 2022July 13, 2023

A Pueblo man who was waiting for a ride in a hospital lobby last year died after four security guards put him in a chokehold and restrained him prone on the ground — and now the man’s widow is suing, accusing hospital officials of lying to her and trying to cover up the incident.

Utah Woman Awarded $2.4M after Vail Resorts Employee Hits Her with Bowling Ball

November 30, 2022December 19, 2022

A Utah jury this month awarded a Park City bowling alley employee nearly $2.4 million after a Vail Resorts employee smashed her hand with a bowling ball during a company outing three years ago. Amy Herzog alleged in a February 2020 lawsuit that she was attempting to fix a clogged gutter in one of the Jupiter Bowl lanes when a Vail Resorts employee “engaged in a dangerous 360-degree helicopter spin, while cradling the bowling ball in the palm of his hand and let the ball fly as he completed his 360-degree turn.”

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