DePuy Hip Replacement Lawsuit Funding Available
As DePuy Pinnacle hip replacement litigation moves closer to the “bellwether” trial stage, many of the thousands of plaintiffs may be concerned that they will not be able to sustain themselves financially until their lawsuits have reached a conclusion. Despite the nearing trials, resolution of some Pinnacle hip cases may be months or even years away, and a number of DePuy plaintiffs have been saddled with extensive medical and other expenses.
In some cases, DePuy hip replacement lawsuit funding may be available to help them stay afloat until they receive compensation for their injuries.
Lengthy litigation timetable necessitates DePuy hip lawsuit funding for some
Currently, there are almost 6,400 lawsuits pending regarding complications linked to the DePuy Pinnacle hip replacement. Because of this large volume of potentially similar cases, the court system of the Northern District of Texas has created a multidistrict litigation (MDL) to handle the cases. All of the lawsuits will be tried under Judge Ed Kinkeade and each plaintiff will have an individual hearing and conclusion to his or her case.
However, the pre-trial discovery phase has been streamlined and consolidated in order to process all of the cases more efficiently. Bellwether cases, initial lawsuits devised to ascertain a jury’s potential response to the evidence provided in court, have been scheduled, with the first to take place on September 1, 2014. Six more such preliminary cases (three in November and three in January of 2015) have also been set.
It is possible that after bellwether cases have taken place, the defense may want to settle with the remaining plaintiffs. It is also possible, however, that the cases will continue on an individual level. Either way, despite attempts to handle the cases in the most efficient fashion, it could still be some time before the process has reached its conclusion and the cases of all plaintiffs have been adjudicated.
Settlements or jury awards may yet take years to be realized, and the litigation timetable will necessitate that at least some plaintiffs seek assistance through a DePuy hip settlement loan.
Pinnacle hip lawsuit funding can cover expenses while plaintiffs wait
Plaintiffs who allege that they have suffered injuries based on a defective DePuy Pinnacle hip implant may have many expenses, including medical costs and rehabilitation fees, as well as money lost due to their inability to work during a substantial period of time. As many face additional surgery and recovery time, they may want to consider the assistance that a pre- or post-settlement loan can provide.
Such “loans,” which are really more like cash advances, can provide financial help either prior to the establishment of settlement or jury awards, or after they have been awarded, but prior to their dispersal. Funds do not have to be repaid if the case is not successful.
Lawsuit funding is the responsible way to address cash-flow shortages during litigation and LawStreet Capital is a leading source of legal funding for plaintiffs like those involved in DePuy Pinnacle hip cases.
By filling out a no-cost, no-obligation application with us, you can be approved for a cash advance within 24 hours. To speak with one of our customer representatives, contact us at any time by calling 1-866-FUND-662.
Resources:
- U.S. District Court, IN RE: DePuy Orthopaedics, Inc., Pinnacle Hip Implant Products Liability Litigation 3:11-md-02244, http://www.txnd.uscourts.gov/judges/MDL/depuy.html
- NY Times, Johnson & Johnson Said to Agree to $4 Billion Settlement Over Hip Implants, http://www.nytimes.com/2013/11/13/business/johnson-and-johnson-said-to-agree-to-4-billion-settlement-over-hip-implants.html?_r=0
