SettlementBoard.com News, Articles and Information for Legal Junkies

Product Liability Settlements

30Aug/100

Automakers Responding More Aggressively to Lawsuits

In light of the recent issues about sudden acceleration problems in Toyotas and the increase in lawsuits and possible settlement costs associated with them, the legal landscape is changing.  A report by the Dallas Morning News states that  automakers are pursuing increasingly aggressive legal strategies in the face of vehicle defect lawsuits.  As a result, the number of settlements for defective vehicles is on the decline and the number of defendant appeals is on the rise.

The report speaks generally about automakers and doesn't single out Toyota for having any more or less of a litigious approach to the sudden acceleration problems of its several models.  However,  it does note that the appeals in Texas in particular are more likely to be ruled in favor of the automakers, and the disputes over the causes of sudden acceleration only muddy the waters.

Even with the bad publicity, the Toyota cases won't be slam dunks. Indeed, a report this month regarding sudden acceleration cases may make it harder for plaintiffs to win against Toyota.  The National Highway Transportation Safety Administration's examination of 58 cases of sudden acceleration suggested no defect with Toyota's electronics in many of the crashes and incidents studied.

That said, many a defective vehicle lawyer have suggested Toyota's shifting explanations for the sudden acceleration combined with its failure to address electrical systems that control the engines make it difficult for Toyota to duck responsibility.  The cumulative cost of all the settlements could encourage the automaker to raise the stakes and take sudden acceleration claims to trial, especially in states and federal circuits where the environment is more hostile to plaintiffs.

28Jun/100

Medical Bill Payments Prior to Settlement

How can you pay your medical bills before your case is settled?

McChesney & Ortwerth, experienced Saint Louis personal injury lawyers, understand how you can have your bills paid for during your treatment, prior to settlement…

Depending upon state law and your insurance policy, your medical bills can be paid under the Personal Injury Protection PIP coverage plan, a Medical Payments Coverage MPC, a workers compensation plan, or health insurance plan.  Under these plans, reimbursement settlements are required and provided when you sign a lien against your settlement funds.  McChesney & Ortwerth have experience with these pre-settlement options and can help guide you during this rehabilitation time of your injury.

21Jun/100

Lawsuits May Cost Toyota Over $3 Billion in Verdicts & Settlements

In an article written in March the AP reported estimates that the lawsuits surrounding Toyota's recent troubles with auto defects, recalls and sudden acceleration could cost the company over $3 billion dollars when all is said and done. The company has paid over $16 million for its slow response regarding such problems as an Avalon gas pedal recall and floor mat defects in Camry and Prius models according to the New York Times.

There are two types of lawsuits that have been filed against the auto giant concerning sudden acceleration.

The first type are personal injury, or wrongful death cases in which someone who has been injured or lost a loved one due to a defective vehicle is suing Toyota. In May it was reported that the National Highway Traffic & Safety Administration raised the number of deaths that might be related to sudden acceleration from 52 to 89.

The other type of lawsuits filed are Toyota owners seeking compensation for the loss of re-sale value that has come as a result of the recent recalls and problems.

The AP points out that while the settlements for the injury lawsuits will most likely be the larger settlements individually, the sheer number of claims could make the loss of value claims the more expensive for Toyota.

On top of that the article mentioned the possibility that the courts may rule that Toyota needs to pay for the claimants' attorney fees on top of the settlements which would increase the cost even more for the automaker. In May it was decided by United States District Court Judge James V. Selna that the over 300 cases currently pending against Toyota and all future cases would be consolidated and litigated by an appointed team of attorneys.

17Jun/100

Arkansas Fixodent Lawsuit

If you want to file a lawsuit against fixadent and polygrip for a Zinc Overdose you are probably wondering what steps you need to take. Would you be better off if you stuck with the lawyers that are involved with the class act lawsuit or hire an outside attorney? This is a very good question and one that you should definitely answer correctly.

The lawyers involved with the class action AR fixodent denture cream lawsuit are not being paid in advance. A personal attorney would most likely require payment in advance. So depending on your financial status if you can not afford a private attorney then stick with the class action suit attorneys. However, if you decide you can afford to pay for a private attoreny you would probably get a bigger settlement. The class action suit divides the money amongst all people involved, hence you would get a lower settlement.