CHARLESTON, W.Va., July 23, 2014 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, announced today an additional focus and attention put towards funding lawsuits involving complications with American Medical System's products, as well as all other TVM Manufacturers. With parent company Endo Pharmaceutical's 2013 settlement of $54.5 million and its 2014 $830 million settlement, Legal-Bay's staff has been avidly dedicated on helping victims fund their transvaginal mesh, pelvic mesh, or bladder sling cases, while their cases work through the courts until settlement.
In July of 2011 the FDA warning on all mesh products resulted in Legal-Bay becoming an industry leader in legal funding for all mesh cases with major mesh manufacturers such as: Boston Scientific Inc., C.R. Bard Inc., Caldera Inc., Coloplast Inc., Johnson &Johnson Inc., J&J, Gynecare Inc., Ethicon Inc., and Mentor Inc. for clients experiencing issues with their transvaginal mesh implants. Over 50k lawsuits have been filed against transvaginal mesh manufactures and Legal-Bay expects the entire TVM litigation to entail close to 100K cases.
Patty Kirby, COO/Head of Client Relations at Legal-Bay commented on possible settlements in other Mesh Litigations, "Although AMS/Endo has been the first major manufacturer to settle some cases, the average settlement value per case is thought to be lower than other ongoing litigations. Our sources believe that many of the manufacturers will settle for higher average settlement amounts, however the pace of settlement discussions seems to be slowing as more and more cases enter the court system. We are hoping that more settlements will be announced by the end of 2014, with payments occurring in 2015."
To learn more about Legal-Bay's Transvaginal Mesh cases; including mesh lawsuit funding, surgical funding, and lawsuit help with finding an appropriate mesh law firm visit: http://lawsuitssettlementfunding.com/mesh-cases.php
Endo Pharmaceutical's $830 million settlement was put forth on May 1st 2014 in order to compensate approximately 20k transvaginal mesh cases, with an average settlement per case of $40K. Women experiencing pain and complications such as mesh erosion, abdominal pain, mesh protrusion, pelvic pain, punctured bladder and bowel vessels, and painful intercourse due to vaginal mesh products may be eligible for compensation for their troubles. Legal-Bay is continuing to assist victims in order to provide them with lawsuit cash advances, settlement funding, or attorney guidance in their mesh litigations.
All of 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 lawsuit loan, lawsuit loans, pre-settlement loans or a pre-settlement loan. To learn more about how Legal Bay's funding process works on Transvaginal Mesh Cases visit: http://lawsuitssettlementfunding.com/funding-process.php
If you are currently involved in a drawn out Transvaginal Mesh lawsuit and need financial assistance today, you may apply for a free case evaluation by calling Legal-Bay's toll free hotline at: 877.571.0405 or by filling out an online application at: http://lawsuitssettlementfunding.com. Legal-Bay is also assisting potential victims of mesh complications if they do not have a lawyer signed up. You may contact Legal-Bay directly if you are in need of a free legal consultation to determine if you have a possible mesh lawsuit claim. For patients in need of funds, you must have a lawyer retained first.
Patty Kirby, COO/Head of Client Relations
Ph. 877.571.0405 Email: firstname.lastname@example.org
SOURCE Legal-Bay LLC