PATERSON, N.J., March 30, 2016 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company which operates lawsuitssettlementfunding.com, reported today that Cook Medical Inc. recently requested more time to prepare for settlement negotiations over the IVC filter lawsuits against them. According to The Legal Examiner, the court had originally scheduled a settlement conference for February – where potential settlement negotiations would be discussed – and it was pushed back to March 22nd-24th. However, in a recent motion, the defendants requested a postponement and asked for an additional 60 days for time to prepare.
According to the article, the motion was submitted to the court on February 9th of this year, indicating that the defendants retained their settlement counsel on February 5th. They asserted that "said counsel needs time to investigate the Cook IVC lawsuits that are pending in the MDL, review information regarding the medical devices, and confer with their clients."
If the parties do not reach a settlement agreement when the conference occurs, the bellwether trials are likely to go forward as planned.
More than 250 cases are currently pending in the multidistrict litigation (MDL 2570) in the U.S. District Court in the Southern District of Indiana, and legal experts expect the number to rise. The lawsuits have similar allegations, claiming that Cook Medical Inc. failed to let patients know that the IVC filters break, tilt, and migrate from the initial insertion position and then puncture the lungs, heart, or inferior vena cava.
Legal-Bay is actively offering case funding for IVC filter cases. Any plaintiffs with an IVC filter lawsuit claim are advised to go to http://lawsuitssettlementfunding.com/ivc-filter-lawsuit-funding.php if they need lawsuit funding.
Chris Janish, CEO of Legal-Bay, commented on the recent IVC filter news, "As we have been heavily involved in this litigation for some time, we have secured capital to begin aggressively funding these cases for plaintiffs who need lawsuit cash advances immediately."
Legal-Bay, a law cash advance company, stands ready to assist victims with various lawsuit funding services if they have a lawyer already, including obtaining up to a $30K cash advance today, or with assistance in finding a qualified IVC Filter law firm or IVC Filter lawyer if they have not yet filed a claim. Legal-Bay also provides case funding for B.P. Opt Out cases, GranuFlo cases, Wrongful Imprisonment, Police Brutality, Car and Truck Accident cases, as well as a variety of other cases not listed here. You can inquire directly with us, at: http://lawsuitssettlementfunding.com/contact-us.php
For more information on Legal-Bay's IVC Filter lawsuit funding, and for a full list of cases that Legal-Bay is actively funding, please visit: http://lawsuitssettlementfunding.com/
To learn more about obtaining pre-settlement funding on your IVC Filter case, please call Legal-Bay at: 877.571.0405.
Legal-Bay's funding 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 obtain lawsuit funding you must have retained a lawyer first.
Legal-Bay LLC (and their related companies) is not a law firm and cannot provide legal advice on a consumer's case; however, Legal-Bay works with lawyers involved in mass tort litigations who can provide a free legal consultation at the consumer's direction.
Patty Kirby, COO/Head of Client Relations
Ph. 877.571.0405 Email: firstname.lastname@example.org
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SOURCE Legal-Bay LLC