Section 3709.5 Of Article 1. Insurance And Security From California Labor Code >> Division 4. >> Part 1. >> Chapter 4. >> Article 1.
3709.5
. After the payment of attorney's fees fixed by the court,
the employer shall be relieved from the obligation to pay further
compensation to or on behalf of the employee under this division up
to the entire amount of the balance of the judgment, if satisfied, or
such portion as has been satisfied.
After the satisfaction by the employer of the attorney's fees
fixed by the court, the Uninsured Employers Fund shall be relieved
from the obligation to pay further compensation to or on behalf of
the employee pursuant to Section 3716, up to the entire amount of the
balance of the judgment, if satisfied, or such portion as has been
satisfied.
The appeals board shall allow as a credit to the employer and to
the Uninsured Employers Fund, to be applied against the liability for
compensation, the amount recovered by the employee in such action,
either by settlement or after the judgment, as has not been applied
to the expense of attorney's fees and costs.