Navigation Links
DePuy Hip Recall Settlement News: First Federal Trial To Begin This Week
Date:9/23/2013

CLEVELAND, Sept. 23, 2013 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, announced today that they believe the first DePuy Hip Recall Trial to go to court in federal court will go ahead as planned.  There had been rumors from Bloomberg News, that a $3Bil settlement was in the works, however it doesn't look like that has materialized.  The $3Bil DePuy settlement figure is the number that Legal-Bay had predicted about a year ago, and is consistent with the "write downs" that Johnson & Johnson (J&J), DePuy's parent, has taken on its financial statements over the last two fiscal years. 

(Logo: http://photos.prnewswire.com/prnh/20130923/PH84117LOGO )

"The sentiment in the market is that DePuy is in its strongest position to settle because it is coming off of a big win in state court in IL this summer.  The time to settle may never be better to wrap up the 11K or so cases now filed.  However, DePuy may feel that another win in federal court could really slow the litigation down even further.  The bottom line is if this case goes to court, it will be a major indication of the direction of the overall litigation.  The winner of McCracken v. DePuy, in Ohio, will leave with either the plaintiffs or defendants having 2 wins to 1; and thus obtaining some leverage in settlement negotiations," said Legal-Bay CEO Chris Janish.  DePuy has also settled three cases in Las Vegas, Nevada.    

Legal-Bay reports that if the DePuy settlement talks are accurate, then the average DePuy settlement amounts could be close to $300K per case.  However, many cases could have a much lower or higher value based on many factors involved in each specific case. 

Now that the DePuy ASR recall is going on its third year, many DePuy Hip Victims are in need of a lawsuit cash advance, also referred to as a lawsuit loan by plaintiffs.  Legal-Bay has been providing up to $50k in pre-settlement funding on DePuy ASR cases to plaintiffs that need cash now on their lawsuit.  Legal-Bay has set up a separate web page just for its DePuy clients, where they can access more information about the DePuy litigation or their lawsuit settlement funding services at: http://lawsuitssettlementfunding.com/depuy-hip-recall-settlement-funding.php

Legal-Bay is also helping DePuy Pinnacle Hip clients with cash advances up to $25K even though the Pinnacle Hip has not been recalled as of yet – although many of the components are similar to the ASR Model.  However, as the Pinnacle litigation grows, Legal-Bay urges victims to seek legal assistance immediately, especially if the patient was in need of a revision surgery due to high metal levels in the blood, known as metollosis. 

If you or a loved one is in need of a cash settlement funding on your DePuy ASR or Pinnacle case or need assistance finding a DePuy Pinnacle Hip Lawyer, or DePuy Pinnacle Hip Law Firm, feel free to apply at: http://lawsuitssettlementfunding.com or by calling Legal-Bay's DePuy hot line where live agents are always available to answer any of your DePuy litigation questions at: 877.571.0405. 

Contact:  Patty Kirby, Head of Client Relations, Ph. 877.571.0405, email: info@legal-bay.com


'/>"/>
SOURCE Legal-Bay LLC
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. DePuy & Transvaginal Mesh Lawsuit Settlement Funding Leads Legal-Bay to Banner 2nd Quarter
2. DePuy Settlement News In Bellwether Case Concerns Plaintiffs Of The Hip Recall
3. DePuy Mitek Expands Commitment To Youth Sports Safety Through New Sports Injury Prevention Program
4. Sports Injury Prevention Program, Sponsored By DePuy Mitek, Comes To Tampa With Soccer Star Heather Mitts
5. DePuy Settlement Funding And Transvaginal Mesh Capital Increased At Legal-Bay
6. TorkLaw Accepting DePuy Hip Implant Cases
7. DePuy Settlement Funding News: Legal-Bay To Increase Funding Amounts Up to $250K On Some DePuy Hip Recall Cases
8. DePuy Settlement News: J&J Wins Major Verdict In Illinois Trial
9. Stryker And DePuy Pinnacle Hip Lawsuit Settlement News Update
10. Medical Device Recalls Soar During First Quarter, ExpertRECALL Index Shows
11. MAQUET Initiates Class I Recall of the FLOW-i Anesthesia System
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/4/2017)... Mass. , Oct. 4, 2017 ... of single-use, self-contained, illuminating medical devices, today announced ... National Health Surveillance Agency (or Agência Nacional de ... The first single-use, cordless surgical retractor with integrated ... provides optimal access, illumination and exposure of a ...
(Date:10/2/2017)... , Oct. 2, 2017 Halo Labs announces the ... analysis system called the HORIZON at MIBio 2017 in ... subvisible and visible particulate matter in biopharmaceutical samples with unprecedented speed ... of the novel technique Backgrounded Membrane Imaging. ... The HORIZON subvisible particle analysis system ...
(Date:9/27/2017)... -- Commended for their devotion to personalized service, SMP Pharmacy Solutions ... in the South Florida Business Journal,s 50 Fastest-Growing Companies, and ... the national specialty pharmacy has found its niche.  To that ... be honored by SFBJ as the 2017 Power Leader in ... receive his award in October, Bardisa said of the three ...
Breaking Medicine Technology:
(Date:10/13/2017)... ... October 13, 2017 , ... Yisrayl Hawkins, Pastor and Overseer ... one of the most popular and least understood books in the Holy Scriptures, Revelation. ... descriptions that have baffled scholars for centuries. Many have tossed it off as mere ...
(Date:10/13/2017)... ... 2017 , ... “The Journey: From the Mountains to the Mission Field”: the ... in the Philippines. “The Journey: From the Mountains to the Mission Field” is the ... She has taught all ages and currently teaches a class of ladies at her ...
(Date:10/12/2017)... ... October 12, 2017 , ... CitiDent and San ... using cutting-edge Oventus O2Vent technology. As many as 18 million Americans are ... cessation in breathing. Oral appliances can offer significant relief to about 75 percent ...
(Date:10/12/2017)... ... ... IsoComforter, Inc. ( https://isocomforter.com ), one of the Nation’s premier ... of the shoulder pad. The shoulder pad provides optimal support and full contact ... using cold therapy. By utilizing ice and water that is circulated from an insulated ...
(Date:10/12/2017)... ... 12, 2017 , ... Information about the technology: , Otomagnetics ... enable prevention of a major side effect of chemotherapy in children. Cisplatin and ... For cisplatin, hearing loss is FDA listed on-label as a dose limiting toxicity. ...
Breaking Medicine News(10 mins):