Dennis Quaid and his wife Kimberly are set to receive a settlement of $750,000 from Cedars-Sinai Medical Center. The "Vantage Point" actor and his spouse will be awarded the money following the accidental overdose of their newborn twins Thomas Boone and Zoe Grace in 2007.

Legal papers filed in Los Angeles Superior Court on Monday read: "The settlement is the result of extensive negotiations between the parties and their respective legal representatives, and is intended to avoid the time, expense and uncertainty of litigation."

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