HOUSTON, Feb. 24, 2015 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, says the upcoming bellwether trials will be a key indicator to see if J&J will continue to fight liability on these cases or settle like they did in the ASR litigation. Regardless of an ultimate resolution of the entire case litigation, Legal-Bay is announcing an increase in funding amounts on Pinnacle hip pre-settlement funding requests.
According to Legal-Bay's sources close to the litigation, J&J has been unwilling to discuss settlement figures regarding the Pinnacle hip due to their belief that the Pinnacle hip has shown positive reports regarding the rate of defaults. Although the Pinnacle hip is designed similarly to the ASR hip and causes metallossis – or metal blood poisoning – Johnson & Johnson's DePuy believes the hip is safe. The company has not decided to recall it and continues to sell the product; however, legal experts fighting the case have indicated that the Pinnacle hip data, although better than ASR, still shows defaults that are not consistent with a safe product.
The debate will be played out in front of several juries in the upcoming months to gauge if the Pinnacle hip has caused severe damage to plaintiffs, resulting in pain and suffering worth damages similar to the $250k base award settlement amount in the ASR litigation.
Chris Janish, CEO, commented on the upcoming bellwether trials, "The DePuy Pinnacle litigation is one of the tougher mass tort litigations that we have seen, especially in light of J&J's willingness to settle ASR at such a high settlement value per hip. J&J continues to defend themselves aggressively in regard to the Pinnacle products. However, we continue to stand ready to assist plaintiffs with pending Pinnacle hip cases with larger cash advances than almost every other company in the legal funding industry at this time."
If you have been denied funding by another lawsuit funding company on your Pinnacle case, feel free to apply with Legal-Bay right now at: http://lawsuitssettlementfunding.com/depuy-hip-recall-settlement-funding.php
Legal-Bay is also offering pre-settlement and settlement funding on similar hip cases such as Stryker, Biomet, and Wright hip cases, and they are providing free legal consultations as well for possible plaintiffs who have not yet retained a hip recall lawyer on any and all hip litigations. To learn more about Stryker, Biomet, or Wright hip cases including finding a hip law firm, visit: http://lawsuitssettlementfunding.com/stryker-wright-hip-recall-settlement-funding.php
If you, or a loved one, are in need of financial support or lawsuit money today or would like a free legal consultation on your potential hip lawsuit, feel free to call Legal-Bay on its toll-free hotline at: 877.571.0405 where live agents are standing by 24 hours a day to help you and answer any questions you may have. You may also apply online at: http://lawsuitssettlementfunding.com and an agent will respond to your request shortly.
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. To learn more about how Legal-Bay's funding process works, visit: http://lawsuitssettlementfunding.com/funding-process.php
Contact: Patty Kirby, COO/Head of Client Relations
Ph. 877.571.0405 Email email@example.com
SOURCE Legal-Bay LLC