Navigation Links
Preliminary Settlement Agreements Establish $100M Fund for Victims of Tainted Steroids Traced to NECC
Date:12/23/2013

p="name">Anne Andrews and Harry Roth, co-chairs of the Committee. "We are enormously pleased with what the Trustee and our Committee have accomplished after prolonged negotiations."

Thomas Sobol, lead counsel for the PSC and the PSC's representative with respect to the negotiations, stated that the PSC is also supportive of the preliminary settlements.

NECC's owners commented that "while they deny any liability or wrongdoing, nonetheless they strongly desire to play a major role in establishing a fund for people who died or suffered as a result of this tragic outbreak."

The victim compensation fund will be funded by cash contributions by the owners of NECC as well as from proceeds from, among other things, insurance, tax refunds and the sale of a related business. Pursuant to the bankruptcy process, Judge Henry J. Boroff of the U.S. Bankruptcy Court of the Eastern District of Massachusetts will be asked to confirm a plan containing the terms of the settlement agreements creating and funding the victim's compensation fund. 

As a reminder to all victims and creditors, the Bankruptcy Court established Wednesday, January 15, 2014, at 4:00pm EST as the deadline for submitting their proofs of claim in the NECC bankruptcy proceeding.  This Bar Date Order establishes procedures for filing and submitting claims for injuries suffered due to NECC's contaminated steroid injections. The Trustee and the Committee stress that it is extremely important that anyone who believes he or she has a claim against NECC or involving an NECC product timely file a proof of claim. Failing to do so may have an impact on a person's ability to obtain a distribution from the compensation fund established to compensate NECC victims or creditors.  Information regarding the filing date deadline and the proof of cla
'/>"/>

SOURCE Brown Rudnick LLP
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Initial Studies of Channel Medsystems Cryothermic Therapy Demonstrate Preliminary Safety and Tolerability; Results Presented at the 42nd AAGL Global Congress
2. Simcere Pharmaceutical Group Reports Preliminary Unaudited Third Quarter 2013 Results
3. Preliminary Financial Results, Quarterly Reports and Upcoming Conference Schedules - Research Report on Avanir, BioScrip, Chemed, Foundation Medicine, and Antares
4. West Completes Preliminary Study Evaluating the SmartDose Electronic Patch Injector Technology Platform, Which Incorporates a Daikyo Crystal Zenith Cartridge
5. Avanir Pharmaceuticals Pre-Announces Preliminary Fiscal 2013 Year End Financial Information
6. Volcano Corporation Announces Third Quarter 2013 Revenues, Updated Revenue Guidance For Full Year 2013 And Preliminary Revenue Guidance For 2014
7. MEI Pharmas Mitochondrial Inhibitor ME-344 Shows Preliminary Evidence of Single-Agent Activity in First-in-Human Clinical Study
8. Simcere Pharmaceutical Group Reports Preliminary Unaudited Second Quarter 2013 Results
9. Alexza Reports Preliminary 2013 Second Quarter Financial Results
10. Alere Announces Preliminary Results Of Voting At Annual Meeting
11. Hill-Rom Announces Preliminary Fiscal 2013 Third Quarter Results and Search for New CFO; Adjusted Earnings Per Share Expected to be in Line with Guidance
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/27/2015)... 27, 2015  Victoria Vein & Surgery Clinic is the ... Duality laser in Victoria, Texas . The ... as advanced laser treatments for a variety of medical and ... to provide more services for their patients. Since adding laser ... Victoria residents get rid of their unwanted ...
(Date:3/27/2015)... NEW YORK , March 27, 2015 A ... Latin America – Chile ... Peru are top targets for IVD firms.  The ... figures heavily into IVD strategies for the Latin American ... industry to support globally distributed supply operations. However, the country,s ...
(Date:3/27/2015)... 27, 2015 XRpro Sciences, Inc., a ... and development services which features high throughput transporter ... announced financial results for the year ended December ... Chairman of XRpro Sciences commented, "We have completed ... development stage to commercial stage in large part ...
Breaking Medicine Technology:Victoria Vein And Surgery Clinic Uses Advanced Astanza Duality Tattoo Removal Technology 2Kalorama: Beyond Brazil, Latin American IVD Market Grows 2Kalorama: Beyond Brazil, Latin American IVD Market Grows 3Kalorama: Beyond Brazil, Latin American IVD Market Grows 4XRpro Sciences Announces Fiscal 2014 Financial Results 2XRpro Sciences Announces Fiscal 2014 Financial Results 3XRpro Sciences Announces Fiscal 2014 Financial Results 4
... of USC,s ... Norris Cancer Center, ... pharmaceutical company dedicated to the discovery, rapid,development and commercialization of ... of a series of,presentations at the 2007 AACR-NCI-EORTC International Conference ...
... 24 PositiveFriends.com, (http://www.positivefriends.com ), a new online ... Diseases), today announced its official,launch into the online ... is the result of two years of R&D ... with HIV/AIDS, Hepatitis, Herpes, and,HPV (Human Papilloma Virus) ...
Cached Medicine Technology:SuperGen's Novel Hypomethylating Agent Highlighted at AACR Plenary Session 2SuperGen's Novel Hypomethylating Agent Highlighted at AACR Plenary Session 3PositiveFriends.com Launches STD Social Networking Site Balancing Dating with Online Support Features 2
(Date:3/28/2015)... (PRWEB) March 28, 2015 Healthpointe’s otolaryngologists, ... nose and throat disorders, are now offering a ... common issue which is characterized by the presence of ... in 5 people, tinnitus is a prevalent symptom that ... while it is non-fatal, tinnitus can impede a person’s ...
(Date:3/28/2015)... ARDX will sponsor the 7th Annual Women’s Wellness Celebration on ... Center in Chesapeake, Virginia. Each year, ARDX celebrates Women’s ... the Hampton Roads region. The 2015 Women’s History Month ... grow stronger through sharing their stories and learning the strategies ... theme is T-talk where we will share a cup of ...
(Date:3/28/2015)... LTW Cyber is an innovation hub for technology ... of addressing the needs of the global market for ... to grow while seeking collaborative opportunities with the other ... in LTW Cyber focus on secure application security, grounded ... and analyzing open source. As the hub matures, ...
(Date:3/27/2015)... March 27, 2015 In her mid-forties and ... her from working, Monica K. arrived at JET Uniform ... department quiet, defensive and scared. The owners and staff at ... Services (EPSS) to offer jobs to challenged residents like ... and a willingness to begin with the end in mind,” ...
(Date:3/27/2015)... (PRWEB) March 27, 2015 First Choice ... today. The new facility is located 12665 W Lake Houston ... a resident of Summerwood, I look forward to delivering the ... Dr. Sowell, Facility Medical Director of First Choice Emergency Room ... Emergency Room made a donation to Summer Creek High School ...
Breaking Medicine News(10 mins):Health News:Healthpointe now Offering Tinnitus Treatments in Clinics throughout Southern California 2Health News:Canadian Cybersecurity Ventures Globalize as a Collective 2Health News:Canadian Cybersecurity Ventures Globalize as a Collective 3Health News:Red Deer Uniforms Shop Celebrates 3rd Year Sewing Hope for the Challenged 2Health News:Red Deer Uniforms Shop Celebrates 3rd Year Sewing Hope for the Challenged 3Health News:First Choice Emergency Room Opens New Facility in Houston, Texas 2
... New Component Streamlines Safe ... ... PhaSeal System for the safe handling of hazardous drugs, now offers the Secondary Set (C60) for ... ease of use, the non-vented Secondary Set offers the following features:, , , ...
... Nov.1 issue of the journal Sleep shows that ... of sleep disturbances. Findings suggest that this general improvement in ... demands and stress rather than from actual health benefits of ... sleep in the seven years after retirement were 26 percent ...
... Previous studies have shown that hepatitis C virus ... Americans than in whites. However, researchers demonstrate in this ... of the American Association for the Study of Liver ... that recurrent HCV in the transplanted liver progresses faster ...
... at increased risk of deatheven compared to patients at ... research being presented at the American Society of Nephrology,s ... "Our study indicates that body fat may be ... at Harbor-UCLA). "The results add to the increasing number ...
... found that hepatitis B does not increase the risk for pancreatic ... The results contradict a previous study in 2008 that suggested ... B is an inflammation of the liver caused by a viral ... for the Study of Liver Diseases, Annual Meeting in Boston. ...
... House speaker Nancy Pelosi is scheduled to speak about ... growing coalition of community groups and healthcare partners that are ... can cause liver cancer and damage, or if untreated, death. ... & Toland is a part, promotes hepatitis B screening, vaccination ...
Cached Medicine News:Health News:Carmel Pharma Introduces PhaSeal Secondary Set (C60) 2Health News:Study shows that sleep disturbances improve after retirement 2Health News:African Americans Fare Worse After Undergoing Liver Transplantation Due to Hepatitis C 2Health News:African Americans Fare Worse After Undergoing Liver Transplantation Due to Hepatitis C 3Health News:For dialysis patients, skinny is dangerous 2Health News:Brown & Toland Supports Fight Against Hepatitis B 2
... has created this extremely versatile and efficient ... liquid handling. With EDOS, high sample throughput ... with ease. ,The smallest volume that ... corresponding Combitip. The easy-to-follow user menus presented ...
... Dilutor-Dispenser is designed to transfer ... the clinical, biological, and chemical ... and performance as Gilsons other ... is ideal for routine laboratory ...
... synQUAD technology is a patented non-contact dispensing ... with a microsolenoid valve and stage stepper ... of liquid onto various slides, plates, or ... well, coefficient of variation (CVs) are less ...
16 channel Parallel dispenser using Positive Air Displacement Technology...
Medicine Products: