Dept/ Agency: Law Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Settlement of Bankruptcy Litigation Docket No.: Adversary Proceeding No. 16-01365 Claimant: City of Newark and Hon. Donald M. Payne, Jr. Claimant's Attorney: Law Office of Alan Dexter Bowman, Esq. Attorney's Address: 2 Gateway Plaza, Newark, New Jersey 07102 Settlement Amount: $29,000.00 Funding Source: N/A Additional Comments: Resolves litigation in the United States Bankruptcy Court for the District of New Jersey captioned Newark Watershed Conservation and Development Corporation v. RSUI Indemnity Company, et al., Adversary Proceeding No. 16-01365, which seeks a judicial determination that RSUI is obligated to defend and indemnify Hon. Donald M. Payne, Jr., and others in connection with Newark Watershed Conservation & Development Corporation v. Watkins-Brashear, et al., Adversary Proceeding No. 15-02397-VFP. Settlement results in payment of a settlement sum to the City. Invitation: Corporation Counsel (date to be entered by Clerk’s Office)