Mesh Lawsuit Funding Firm, Fair Rate Funding Reports Remittitur on 100 Million Dollar Verdict
MANASQUAN, N.J., Oct. 15, 2015 /PRNewswire/ -- National mesh lawsuit funding firm reports that Boston Scientific's Motion for a New Trial was dismissed on October 9, 2015 in the case of Barba v. Boston Scientific. However, Judge Mary Miller Johnston did reduce the $100 million verdict to $10 million. The decision may be regarded as a major victory for mesh manufacturers perhaps effectively setting a ceiling on damages for mesh lawsuits.
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Boston Scientific manufactured two polypropylene transvaginal meshes named Advantage Fit and Pinnacle. Both of them were implanted in Ms. Barba in 2009, and within a short amount of time, she had to have both of them removed. Barba had sustained serious injuries, and later found out that she wasn't informed of safer alternatives. She is one of many litigants pursuing action against transvaginal mesh manufacturers for negligence. Many more cases are expected to appear within a matter of months.
The defendant's motion for new trial, was rejected as Judge Johnston stated that "the liability verdict was one that a reasonably prudent jury could reach." The remittitur, a judge's reduction in the award given by a jury to a plaintiff, reduced the jury award by $90 million.
Paul Coppola, President of Fair Rate Funding, a mesh lawsuit funding firm commented on the decision. "While the motion for new trial was denied, the reduction in the damages award is a real victory for defense attorneys and their mesh manufacturing clients," said Coppola. "The outcomes of these trials never cease to amaze but it is good to know Ms. Barba is going to get some compensation for her suffering."
Fair Rate Funding provides pre settlement cash to plaintiffs involved in pelvic mesh or other types of lawsuit. (See: http://www.fairratefunding.com/pre-settlement-loans.html) Fair Rate Funding's mesh lawsuit funding programs specialize in the settlement funding of transvaginal or bladder mesh product lawsuits. More information on mesh lawsuit funding can be found at: http://professionalsettlementfunding.com/transvaginal-mesh-cases/ or http://www.fairratefunding.com/transvaginal-mesh-cases/sample-data-articles/transvaginal-mesh-cases
Transvaginal Mesh Lawsuit Settlement Funding
By offering cash now to help pay for any type of expense such as car loans, rent and mortgage payments, utility payments, personal loans, and daily living expenses, Fair Rate Funding eases some of the financial stress plaintiffs endure. There are no restrictions on the use of the funds.
Fair Rate Funding stands ready to assist transvaginal mesh lawsuit plaintiffs with a lawsuit cash advance, if they already retained an attorney. To learn more about obtaining lawsuit cash advances on your product liability lawsuit in general, visit: http://www.fairratefunding.com/product-liability-cases.html
Fair Rate Funding works diligently to afford lawsuit funding to its applicants and has representatives standing by 24 hours a day, seven days a week to answer questions regarding the lawsuit funding process.
Fair Rate Funding's representatives are currently working around the clock to make sure each and every client gets the attention they need and to see them through to obtaining a mesh lawsuit funding. Fair Rate Funding is able to offer the lowest rates in the industry and makes the process as seamless as possible.
Fair Rate Funding mesh lawsuit settlement funding programs are not a lawsuit loan or lawsuit loans although they are often referred to as such. A pre-settlement lawsuit cash advance is not a settlement loan or settlement loans because the advance is only repaid if the case is successful. Your attorney will repay your mesh case funding or lawsuit advance ONLY if your case is won or settled. Sometimes referred to as settlement loans or lawsuit loans, settlement funding is a purchase of a portion of a future recovery. For answers to the most frequently asked questions about mesh lawsuit funding or lawsuit funding in general, visit: http://professionalsettlementfunding.com/
Fair Rate Funding prides itself on providing the quickest approvals – as soon as 24 hours on most cases, the lowest monthly usage rates – as low as 17.5% every six months, and the most attentive customer service in the lawsuit funding industry. Fair Rate Funding also offers free case evaluations.
For more information about mesh lawsuit funding and other services from Fair Rate Funding, call a representative at 888-964-2224 or visit us at http://fairratefunding.com.
SOURCE Fair Rate Funding
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