BOSTON, Sept. 9, 2014 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, announced today that they are beginning to fund Kugel Mesh Hernia Lawsuit cases on a much larger scale now that most cases are beginning to wind down from an earlier settlement. In July 2001, an estimated $184 million was originally announced to settle a bulk of these cases and resolve the product liability lawsuits, which started after the Kugel Mesh Composix patch was recalled in 2005. The lawsuits allege that C.R. Bard's mesh patch caused serious medical complications for many patients including bowel perforation, sepsis, intestinal fistulas, and abdominal abscess formation. This settlement amount will pay plaintiffs about $70k on the average for their claims.
Although some cases may still be pending in the court, most have settled or are still waiting on payment as the administration of some claims are delayed for various reasons. Legal-Bay is an industry leader in mass tort lawsuit funding and while most firms are not funding Hernia Mesh cases, Legal-Bay is stepping up its efforts to assist victims of these specific cases because although many of the cases have begun to settle, there are plaintiffs who still have not been paid.
Patty Kirby, Head of Client Relations, commented on the company's new focus, "We have been involved with the Kugel mesh pre-settlement funding for the last few years, however, now that a firm settlement is being reached on settlement amounts above $150K in some cases, we are able to aggressively increase our funding limits for settlement victims effective immediately. Our staff is prepared to have settled Kugel mesh cases approved and funded within 24 hours at the lowest rates possible so that some plaintiffs in need of cash to pay bills have access to it if they so choose."
Legal-Bay's programs are non-recourse lawsuit cash advances, also known as case funding. None of the programs should be considered to be a settlement loan, settlement loans, lawsuit loan, lawsuit loans, pre-settlement loans, or a pre-settlement loan. To learn more about Legal Bay's accident lawsuit funding process, visit: http://www.lawsuitssettlementfunding.com/funding-process.php
If you or a loved one is in need of a lawsuit settlement funding due to a mesh complication or would like to speak with a Kugel mesh lawyer or law firm, feel free to contact Legal-Bay on the company's 24-hour hotline at: 877.571.0405 where live free agents are available to assist you and answer any questions you may have. You may also fill out an online application to receive a free evaluation on your case at: http://lawsuitssettlementfunding.com
DISCLAIMER: Legal-Bay LLC is not a law firm and cannot provide legal advice on your case, however, Legal-Bay works with lawyers involved in mass tort litigations who can provide you with a free legal consultation at the consumer's direction.
Contact: Patty Kirby, COO/Head of Client Relations
Ph. 877.571.0405 Email: firstname.lastname@example.org
SOURCE Legal-Bay LLC