DePuy Hip Settlement Loans Help Plaintiffs Pay Bills Now
A large DePuy hip settlement totaling more than $4 billion could be coming from Johnson & Johnson in the near future. A recent report at Bloomberg indicated the medical device giant has tentatively planned the payout to settle thousands of lawsuits filed by plaintiffs who allege they suffered serious complications with their DePuy hip implant devices. While this settlement would… Read more »
Stryker Hip Settlements May Exceed $1 Billion
Before the Stryker hip recall of 2012, more than 20,000 patients were implanted with the Rejuvenate and/or ABG II hip replacement systems. Many of these recipients went on to suffer painful complications caused by metallosis (blood metal poisoning) – a common problem with metal-on-metal hip prosthetics. Litigation over Stryker hip injuries has continued to swell over the past 12 months,… Read more »
BP Tries to Slow Down Oil Spill Claims Payments
Nearly four years after the BP Deepwater Horizon Disaster of 2010, thousands of claimants are still waiting for their economic and medical settlements from British Petroleum. As of mid-September, the claims program had amassed 207,310 claims, of which only 119,301 have been processed. And of those, 46,490 have been denied. In light of BP’s recent efforts to cut company budgets… Read more »
“Lone Pine” Request Rejected by Court in Fosamax Litigation
Merck, the pharmaceutical firm behind osteoporosis medication Fosamax, is facing nearly 1,000 product liability lawsuits from plaintiffs alleging the drug caused severe and debilitating jaw damage. The litigation has been coordinated for pre-trial proceedings before the Honorable John F. Keegan in New York District Court. Judge Keegan recently denied Merck’s request for a “Lone Pine” order that would have forced… Read more »
What is a Structured Settlement?
A structured settlement has a variety of advantages over a lump-sum lawsuit settlement, but many successful plaintiffs are wary of such an arrangement. What if financial and other circumstances cause them to need a flood of money, as opposed to a trickle? That’s where post-settlement lawsuit loans come into play: You get to choose whether or not to convert your… Read more »
