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DePuy Settlement News: J&J Wins Major Verdict In Illinois Trial
Date:4/16/2013

CHICAGO, April 17, 2013 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, is reporting that Johnson & Johnson's DePuy Hip Unit scored a major verdict yesterday by not being found liable for any damages involving the much anticipated second ASR Hip case to go to trial.  In the first case in Los Angeles, CA the jury awarded over $8MM to the plaintiffs.  However, the jury in Illinois saw it a different way. 

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Legal-Bay is a plaintiff advocate firm for clients of the DePuy litigation, by providing plaintiffs with lawsuit cash advances today, prior to their cases even being settled.  However, now that DePuy has won a major verdict many of the lawsuit funding firms may stop funding on DePuy, says Legal-Bay.  However, Legal-Bay believes that the win for DePuy is only temporary, and they will remain funding these cases. 

Patty Kirby , Head of Client Relations at Legal-Bay, commented, "We remain committed to our clients of the DePuy litigation in spite of the recent verdict in DePuy's favor.  Although this may slow the litigation down a little bit, we firmly believe that these DePuy settlement values are still worth as high as $500K in some cases.  We will continue to fund our ASR clients as needed; as well as assist the DePuy Pinnacle clients with funding and other services; including referring them to a national DePuy law firm if they haven't already retained counsel." 

The verdicts are now evened up: one for the plaintiffs and one for the defendants in the "Bellwether Trials".  The Bellwether Trials are designed to gauge the settlement ranges on the remaining 11K cases still in the system.  Since each side alread
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SOURCE Legal-Bay LLC
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