CLEVELAND, Oct. 14, 2013 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, is reporting that the first Federal DePuy ASR Hip Recall Trial has been delayed until late December due to scheduling conflicts with expert witnesses on both sides of the litigation. However, due to the timing of the new approximate trial date –Dec. 24th- Legal-Bay does not believe the trial will begin in earnest until January 2014. Legal-Bay has said that they have received an in-flux of DePuy funding applications since the news of a global settlement now looks like it will be another calendar year away.
"Originally we believed many of these cases would wrap up in 2013, however since DePuy was able to sustain a victory in the Illinois trial over the summer; it has enabled DePuy to continue to drag out the litigation. Our clients are very frustrated with DePuy at this point, however some of them just cannot wait for justice and need funds to survive," commented Chris Janish, CEO of Legal-Bay. To learn more about obtaining a DePuy lawsuit cash advance, you can access Legal-Bay's DePuy lawsuit funding website at: http://lawsuitssettlementfunding.com/depuy-hip-recall-settlement-funding.php
Legal-Bay reports that there have been several settled cases already in the litigation, but the terms have been undisclosed. Last year 3 DePuy ASR cases set to go to trial in Las Vegas, NV State Court were settled before a verdict; and most recently a California case was also settled for an undisclosed amount of money. However, the reported DePuy average settlement amounts to date are approximately $200K.
However, many experts view the Federal Case of McCracken v. DePuy as a true barometer of when the timing of the settlement negotiations will truly pick-up, because the Cleveland cases represent a large pool of the filed DePuy ASR claims. A Bloomberg report had suggested that DePuy was mulling over a $3Bil settlement for the entire ASR Litigation, however those talks have not materialized as of yet. Legal-Bay believes between now and the end of the year, it is possible that a global settlement could be reached. However, most plaintiffs may not see funds until mid 2014 in a best case scenario basis.
Legal-Bay is assisting both ASR and DePuy Pinnacle Hip victims with various services including: lawsuit funding to pay bills, surgical lawsuit funding and also DePuy Law Firm referrals if victims do not have a lawyer yet. Legal-Bay urges clients of DePuy Pinnacle models to get legal assistance immediately even though the Pinnacle hip has not been recalled as of yet.
If you or a loved one is in need of finding a qualified DePuy lawyer or with obtaining up to $50K in a DePuy pre-settlement funding cash advance, which is not considered a lawsuit loan, feel free to apply online at: http://lawsuitssettlementfunding.com or by calling Legal-Bay's 24 hour DePuy hotline where live agents are always available to answer your DePuy hip recall questions at 877.571.0405.
Contact: Patty Kirby, Head of Client Relations, Ph. 877.571.0405, email: email@example.com.
SOURCE Legal-Bay LLC