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McMahon Gets $7 Mln in Toxic Mold Lawsuit - Report
Wed May 7, 2003 08:54 PM ET

LOS ANGELES (Reuters) - Entertainer Ed McMahon reaped a $7 million settlement from several companies he sued for allowing toxic mold to overrun his Los Angeles home and kill his beloved dog, a national mold litigation magazine reported on Wednesday.

McMahon, who for years served as Johnny Carson's sidekick on NBC's 'The Tonight Show,' ended the lawsuit last month with all but one of the companies in confidential settlements that had been reported to total $230,000.

But earlier this week, a Los Angeles Superior Court judge ordered the settlement amounts made public, according to a report by COLUMN-Mold published by Harris Martin Publishing.

The hearing transcript showed that Travelers and American Equity Insurance companies and other related insurance entities settled with McMahon for more than $5 million. The rest of the sum was paid by four mold cleanup firms and two insurance adjusters, according to the transcript.

The lawsuit, filed in April 2002 in Los Angeles Superior Court, initially demanded $20 million.

McMahon, 80, claimed the defendants botched a simple repair on a broken pipe at his estate in the posh Coldwater Canyon section of Los Angeles and allowed a toxic mold to spread through his house, making his family sick and killing his dog.

The suit typified litigation over toxic mold infestation, which is believed to cause serious illness, particularly in the respiratory tract, and even death.

It named Scottsdale, Arizona-based American Equity Insurance Co., a unit of Citigroup Inc. as a plaintiff as well as several Southern California contractors who had been hired to clean up the mold.

 

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