Legal-Bay pre-settlement funding reports on mesh hernia cases

The leading lawsuit funder says some cases are moving forward while others continue to drag on.

JERSEY CITY, NJ, April 20, 2022 /PRNewswire/ — Legal-Bay LLC, The Pre-settlement Funding Company, today announced that it is seeing an increase in hernia lawsuits, especially the two most popular brands: Johnson & Johnson’s Ethicon Physiomesh and Atrium Medical Corporation C-Qur. Both devices are currently being recalled due to numerous patient complications.

To combat an abdominal hernia, surgeons can repair bulging intestines by implanting a flexible polypropylene mesh patch over any weak spot in the intestinal walls. But some of these devices are found to be faulty and the plaintiffs say the products were rushed to market before adequate testing could take place. The devices can shrink, harden, and even migrate, causing chronic pain, unnecessary drainage, nausea, and bloating. Some patients have reported intestinal perforations and nerve damage, requiring additional surgeries.

Chris JanisCEO of Legal-Bay, said, “Hernia litigation is one of the most multifaceted, involving many different manufacturers and products. Most finance companies have avoided these cases due to their complexity, but our experience with the mass liability industry allows our clients to get free assessments and obtain financing now while their case is resolved. .”

If you need a loan as part of your hernia mesh lawsuit, please apply HERE or call toll-free at 877.571.0405.

Hernia mesh lawsuit settlements are normally within the $50,000 for $250,000 range, but some plaintiffs received millions. Payment amounts vary widely and will depend on the severity of claimants’ injuries. Also, due to case-to-case variables, there is no established precedent as to how much a claimant will receive, if they receive anything. There are thousands of hernia mesh cases waiting to be heard, and cases have been further backlogged due to Covid closures. The Bellwether trial scheduled for next month will hopefully bring some clarity.

Some examples of past colonies:

  • Of 6,000 lawsuits CR Bard faced in 2015, they paid over $100 million to settle about half of them.
  • In 2016, Ethicon settled over 40,000 lawsuits by paying $120 million.
  • Facing numerous lawsuits, Kugel recalled approximately 1000 of their patch systems. They ended up paying more than $40 million as part of an overall settlement in an attempt to avoid future lawsuits.
  • In 2018, Atrium settled approximately 3,000 lawsuits with a payout of $11 million.

The previous list includes just a handful of the many companies that have had to defend themselves against hernia mesh cases, and there are thousands more still awaiting trial. Legal-Bay says it’s uncertain if these new cases will ever settle or at what values. Nothing is final at this time. Nonetheless, Legal-Bay is ready to help plaintiffs in financial need obtain settlement loans so they can wait out the time it takes to go to trial.

If you need a loan as part of your hernia mesh lawsuit, please apply HERE or call toll-free at 877.571.0405.

Legal-Bay is one of the leading lawsuit loan finance companies, offering a fast approval process and some of the best rates in the industry. They can offer money immediately before the monetary compensation provided by the applicant. Non-recourse lawsuit loans — sometimes called lawsuit loans or settlement loans — are risk-free because the money doesn’t need to be repaid if the recipient loses their lawsuit. Therefore, the settlement loan is less like a loan than a cash advance.

Legal-Bay believes that complainants should not be left waiting for the money they receive and can offer a way to help complainants get paid now, normally within 24-48 hours. Anyone who has a pending lawsuit and needs money now can apply for a loan settlement. There are no income verification or credit check forms required. If you haven’t filed a lawsuit yet, Legal-Bay can put you in touch with an attorney who specializes in hernia mesh cases.

If you need immediate cash advance loan settlement as part of your hernia mesh lawsuit, please visit the company’s website. HERE or call 877.571.0405 where qualified agents are ready to hear about your specific case.

Source: Legal-Bay LLC
Contact: Chris JanisCEO
E-mail: [email protected]
Such. : 877.571.0405
Website: www.Legal-Bay.com

SOURCE Legal-Bay, LLC

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