Plaintiff argued that newly amended N.C.G.S. §
Defendant responded that the recent amendment to N.C.G.S. §
The Full Commission found that plaintiff received the settlement funds thirty-six (36) days following Industrial Commission approval of his compromise settlement agreement and that the June 15, 2001, amendments to N.C.G.S. §
Plaintiff then appealed this case to the Court of Appeals. The Court of Appeals issued a ruling in this matter on April 1, 2003 reversing the Opinion and Award of the Full Commission and holding that the 2001 amendments of N.C.G.S. §
In accordance with the ruling of the Court of Appeals, defendants are hereby ORDERED to pay plaintiff the ten percent (10%) late payment penalty as provided by N.C.G.S. §
This the ___ day of July 2003.
S/____________ BUCK LATTIMORE CHAIRMAN
CONCURRING:
S/_____________ THOMAS J. BOLCH COMMISSIONER
S/______________________ LAURA KRANIFELD MAVRETIC COMMISSIONER
