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Wright, Biomet, Stryker Hip Recall Settlement Funding News: Legal-Bay To Increase Funding Amounts Up to $50K
Date:4/15/2013

NEW YORK, April 15, 2013 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, announced today that they have increased their funding amounts to $50K on a select few Stryker Hip recall cases for clients waiting for their settlement check. 

(Logo: http://photos.prnewswire.com/prnh/20130415/PH90001)

Legal-Bay has been an industry leader in Stryker hip implant recall cases needing lawsuit funding –and all harmful product liability cases involving hip and knee products.  However their increased commitment to funding single Stryker Hip cases up to $50K with minimal due diligence sets them apart from the rest of the legal funding industry.  Legal-Bay is also able to consider larger funding amounts, however the evaluation period is substantially longer on claims worth more than $50K. 

Chris Janish , CEO of Legal-Bay, commented on the company's increased pre-settlement cash advance amounts, "We are beginning to see a large increase in applications of Stryker and other hip case funding after the recent large verdict in California involving the first DePuy ASR hip trial.  And now that the Product Liability Companies continue to delay the settlement process through questionable legal strategy; we believe the most serious Stryker, Wright and Biomet plaintiffs are going to need access to more capital at their fingertips.  We stand committed to allow our clients to not only get the funding they need, but to receive the maximum pre-settlement values available on Stryker Hip claims in the lawsuit funding market."

Legal-Bay's typical cash advance settlement funding program is not a lawsuit loan, as the advance only needs to be paid back if the case is won.  However, Legal-Bay does offer lawsuit loans for some settled cases as well as tradi
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SOURCE Legal-Bay LLC
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