Chase Lorck has cerebral palsy as a result of being deprived of oxygen when he was born at King’s College Hospital, London, in 2008.
He will always need 24-hour nursing care and it is likely he will live for a maximum of only another 20 years, Mrs Justice Swift was told in London.
Law firm Irwin Mitchell, representing Chase’s family, who live in Dulwich, south London, said expert medical evidence found that midwives, sub-contracted by the hospital, failed to implement a plan agreed with the boy’s mother Christine and encouraged a natural birth, despite being advised to undertake a Caesarean.
KIng’s College Hospital NHS Foundation Trust, which is responsible for the hospital, admitted liability in 2010, and a settlement was approved today.
The family will receive a £3.1 million lump sum plus annual payments of £300,000 until Chase reaches 18 and then £320,000 a year for the rest of his life.
The compensation will cover his care, accommodation, specialist equipment and therapies.
Lawyer Auriana Griffiths said: “It is a huge relief for Chase’s family that the Trust has now agreed an adequate and fair settlement to cover his complex care needs.”