|By PR Newswire||
|February 5, 2014 05:00 AM EST||
LAS VEGAS, Feb. 5, 2014 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, announced today that they have increased their funding amounts on all DePuy ASR hip cases for clients who are waiting for their settlements. Legal-Bay said the average settlement amounts of $250,000.00 faces challenges, that may not be resolved anytime soon, due to contingencies in the agreement. Bloomberg News has reported that the landmark settlement could cost DePuy close to $4bil when it is all said and done.
Legal-Bay's DePuy attorney law firm contacts have relayed to them that there is a required acceptance of over 90% of the victims; as well as numerous other obstacles before the judge will even consider approving the largest product liability suit in U.S. history. For ASR victims that qualify for the settlement, actual payments are not expected until late 2014 and possibly 2015 depending on each individual's file.
Patty Kirby, Chief Operating Officer and Head of Client Relations, commented on the company's commitment to DePuy settlement clients, "While many firms are backing off the DePuy litigation we have increased our average funding amounts to our clients who need a lawsuit pre-settlement funding. We are happy to see this litigation begin to start to wind down, but unfortunately for clients that need their settlement cash now, that is still months away."
Legal-Bay is funding both DePuy Pinnacle and DePuy ASR cases whether they are within the settlement agreement or not. Legal-Bay's lawsuit cash advance and pre-settlement funding programs should not be considered to be lawsuit loans or a lawsuit loan. To learn more about Legal-Bay's DePuy and metal on metal hip funding programs go to: https://www.lawsuitssettlementfunding.com/depuy-hip-recall-settlement-funding.php
The recent DePuy and Johnson & Johnson settlement reported by Bloomberg, now has increased Legal-Bay's funding amounts for other hip litigations, such as: Stryker ABG II and Rejuvenate, Wright Hips, and Biomet. Legal-Bay remains committed to not only funding hip recall victims; but also providing clients that do not have a DePuy hip lawyer with getting the legal assistance they need. Legal-Bay urges any patients that have any metal on metal hips to seek legal counsel immediately, if they have not done so already. All metal on metal hip implants, "could" possibly be defective and causing blood poisoning, called metallosis, unbeknownst to the implant patient. Speaking to a DePuy or Stryker lawyer is the prudent thing to do for your personal health and to protect your rights to a lawsuit. For more information on the Stryker ABG II and Rejuvenate hip recall; as well as the Wright and Biomet litigations, log on to: https://www.lawsuitssettlementfunding.com/stryker-wright-hip-recall-settlement-funding.php
Legal-Bay's Stryker hip law firm contacts and DePuy Pinnacle lawyers are providing free case evaluations to any of Legal-Bay's potential clients. If you have a Stryker ABG II or Rejuvenate hip implant, DePuy ASR or Pinnacle Hip system, Wright Profemur Hip, or Biomet Hip; you should be advised that the time to file a claim is winding down. Your case could be worth close $500K, however you must contact a lawyer to receive compensation.
To apply for Hip lawsuit settlement funding or if you need a Hip lawyer to call you, feel free to contact Legal-Bay's toll free hotline at: 877.571.0405. You may also apply online at: http://lawsuitssettlementfunding.com .
Contact: Patty Kirby, COO/Head of Client Relations
Ph. 877.571.0405 Email: [email protected]
SOURCE Legal-Bay LLC