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The typical structured settlement arises and is structured as follows: An injured party (the claimant) comes to a negotiated settlement of a tort suit with the defendant (or its insurance carrier) pursuant to a settlement agreement that provides as consideration, in exchange for the claimant's securing the dismissal of the lawsuit, an agreement by the defendant (or, more commonly, its insurer ...
In personal injury claims, the settlement negotiation process begins by the victim submitting a demand letter to the insurance companies. The purpose of the demand letter is to present facts about the accident in order to persuade the insurance companies to provide adequate compensation. A typical demand letter is structured in the following ...
[56] The settlement included a requirement that DuPont "pay the costs of medical monitoring for nearly 100,000 people in the area." [57] Over "3,500 residents opted out of the class-action settlement to instead pursue individual lawsuits." [57] The subsequent personal injury suits brought against DuPont culminated in over $670.7 million. [58]
4 the videotape deposition of Alex Gorsky, taken by 5 the plaintiff In Re Risperdal litigation. 6 This case is filed in the Philadelphia 7 County Court of Common Pleas. This deposition is 8 taking place at the law office of Drinker, Biddle 9 & Reath at 105 College Road East in Princeton, New 10 Jersey.
The settlement of the lawsuit defines legal requirements of the parties and is often put in force by an order of the court after a joint stipulation by the parties. In other situations (as where the claims have been satisfied by the payment of a certain sum of money), the plaintiff and defendant can simply file a notice that the case has been ...
Legal financing can be a practical means for litigants to obtain financing while they wait for a monetary settlement or an award in their personal injury, workers' compensation, or civil rights lawsuit. Often, plaintiffs who were injured or forced to leave their jobs still have mortgages, rent, medical expenses, or other bills to pay. Other ...