PHILADELPHIA, Sept. 30, 2016 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, reports breaking news that another petition was filed asking the United States Supreme Court to throw out a $1 billion settlement of NFL concussion lawsuits, citing treatment of current brain injuries versus future ones. Former NFL players who filed the petition on Monday say that chronic traumatic encephalopathy (CTE) diagnosed before April 2015 can bring $4 million while future diagnoses of CTE aren't compensated. The April 2015 cutoff date was set in an attempt to avoid incentivizing suicides.
Although the original concussion settlement was announced in 2014, it is now late 2016 and there is still now end in sight to payments actually being made. With various legal wrangling and now appeals continuing to occur, it is sure that payments will not come this year or even in early 2017.
The NFL movie that was released on Christmas Day last year, raised a lot of controversy and attention to the recent NFL Concussion Settlement. Will Smith played the role of Bennet Omalu, a forensic pathologist whose work helped diagnose chronic traumatic encephalopathy also known as CTE – a degenerative brain disease linked to repeated blows to the head. Mr. Smith says that his research into the role indicates that the data linking head collisions and brain injuries is irrefutable. However, it seems the only ones that are getting paid are the Hollywood producers and the NFL itself, which continues to thrive; but the players and their families who are injured are still left in the cold.
Chris Janish, CEO of Legal-bay commented on the disappointing news, "We are disappointed, but not surprised that another appeal will delay payments to NFL concussion settlement plaintiffs. As reported, we believe this litigation will continue to drag for many for years. We have seen this with the 9/11 suits which are over 15 years old now; and the B.P. Oil Spill cases which are now over 6 years old. What is concerning is that the NFL has a right now to appeal all case diagnosis, which could be extremely problematic for NFL families with actually getting paid. The settlement figures are like a financial Oasis to these struggling families; but actually collecting the money seems to be a mirage. However, we feel our maximum Cap-Out NFL funding program is the best in the industry so families know their maximum exposure with taking a settlement money advance."
Legal-Bay's NFL concussion settlement programs offer flexibility for any type of case range that a former player may have on the points grid. They offer rates as low as 1% a month on cases with funding amounts above $250K and "cap-out" contracts which limit your payback to a fixed amount. The cap-out contracts seem to be very popular of late, due to the delays in the case; in this way families know the absolutely most they will pay regardless if it takes several more years to get paid. And best of all any funds received are risk free, meaning if the NFL appeals a particular case and player loses the case, the money you receive from Legal-Bay is yours to keep. Legal-Bay has been a leader in NFL funding cases, and will continue to assist NFL players and their families regardless of the delays in the landmark NFL concussion settlement.
To apply right now for yours or your husband's NFL concussion settlement funding, apply online at: http://lawsuitssettlementfunding.com or call the company's toll free hotline at: 877.571.0405 where agents are standing by to answer your questions.
Legal-Bay is a leader pre-settlement lawsuit funding cash advances in employment disputes, whether it be Wrongful Termination, Sexual Harassment, Discrimination, work or construction site injuries. Legal-Bay is also dedicated to helping victims involved in all types of personal injury accidents and catastrophic incidents, including car and truck wrecks, as well as cases involving wrongful death and police brutality cases with obtaining pre-settlement funding in order to help the individuals get their lives back on track. If you or a loved one is waiting for a personal injury case to settle and need funds today, feel free to apply online right now at: http://lawsuitssettlementfunding.com or by calling the company's toll free hotline at: 877.571.0405.
Disclaimer: Legal-Bay's programs are non-recourse lawsuit cash advances, also known as case funding, which means you only repay the settlement advance if you win your case. None of the programs should be considered to be a lawsuit loan, lawsuit loans, settlement loans, settlement loan, pre-settlement loans, or a pre-settlement loan. Legal-Bay is not affiliated with Oasis Legal Finance.
Patty Kirby, COO/Head of Client Relations
Ph. 877.571.0405 Email firstname.lastname@example.org
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SOURCE Legal-Bay LLC