Rose, J.
Plaintiffs commenced this action seeking to recover damages for severe brain injuries sustained by infant plaintiff Kathryn Sarah Leipold in 1996. The parties ultimately agreed to settle the action and placed a stipulation on the record in Supreme Court on June 14, 2006. The stipulation of settlement specified that the present value of the total consideration for release of plaintiffs' claims was $5,380,000, with the majority of those funds to be used to...
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