Tobacco Lawsuit Funding News: Ongoing Tobacco Lawsuits Now Favoring Plaintiffs, as Legal-Bay Reaffirms Their Commitment to Tobacco Plaintiffs
Law Cash Advance Firm says that tobacco lawsuits have been ongoing since the 1950's, but the 2006 ruling by the Florida Supreme Court holding the tobacco industry liable for smoking-related injuries and deaths allows smokers and their families to file individual suits, bringing good news for plaintiffs this time around.
Jun 15, 2015, 05:00 ET
MIAMI, June 15, 2015 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, reports today that tobacco lawsuits are ongoing, with plaintiffs winning this time around. Lawsuits against the tobacco industry and tobacco companies first began in the 1950's, however, tobacco companies successfully defended most of the lawsuits. In the 80's, another wave of lawsuits came, but again were fought off by the tobacco industry. However, in 2006, the Florida Supreme Court found that the tobacco industry was liable for injuries and deaths related to smoking, and the ruling allowed smokers, and their family members, to file individual suits. The tobacco industry sought to overturn the ruling, but the U.S. Supreme Court declined to hear the series of appeals, bringing good news for plaintiffs and their family members who hope to file suit against tobacco companies.
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While the plaintiffs' side is finally winning this time around, pending cases can take years to be resolved. Due to that, Legal-Bay is announcing their readiness to aid victims, and their family members, with lawsuit funding while they await their ultimate settlements.
Patty Kirby, COO and Head of Client Relations, commented on the company's focus of pre-settlement funding on tobacco cases, "We have secured large institutional funding dollars to aggressively fund tobacco cases, even though payments can be drawn out or even reversed by a court later. Our non-recourse tobacco lawsuit pre-settlement funding enables plaintiffs to receive cash at no risk, meaning they do not have to repay the funds if their settlement goes away."
Legal-Bay, a lawsuit money firm, is committed to aiding victims involved in such cases, as well as funding many tobacco verdicts that are on appeal by the defendants. For more information on the funding programs and a complete list of cases Legal-Bay funds, please visit: http://lawsuitssettlementfunding.com/funding-process.php
If you, or a loved one, require some financial support due to an ongoing tobacco lawsuit, feel free to call Legal-Bay on its toll-free hotline at: 877.571.0405.
You may also apply online at: http://lawsuitssettlementfunding.com and an agent will respond to your request shortly.
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.
SOURCE Legal-Bay LLC
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