Monday, December 8, 2014

Breast Implant Update.Judge Hood's decision in Dec 2013

Pursuant to federal Judge Hood’s decision in December of 2013, breast implant clients have begun receiving checks. Some checks are a Premium Payment based on the original disease payment schedule. These payments are being paid in the same order as the original payments were made. Some of our clients have already begun receiving checks, others are still waiting. These checks are approximately 10% of the original disease payment. From these checks we are subtracting a 25% attorney’s fee and approximately $130.00 in costs which have accrued since the original disease payments made years ago. The second payments our rupture clients are beginning to receive are additional rupture payments. These are being made to women who have previously received rupture payments, and these payments tend to be approximately one thousand dollars. Some of you have already received notices of payment in the form of a letter that comes from the Dow Corning Settlement Fund. Within 3 to 4 weeks after you receive that letter we receive the check, cash it and send you your portion. Approximately half of our clients have not yet received their letters, let alone their checks. Finally, under the terms of the Dow Corning Settlement Trust any residual monies in the fund have to be distributed no later than December 30, 2016. Accordingly, we expect there will be a final payment before that date for each of our clients. If you have any questions please feel free to call attorney Doug Peters at (800) 247-5974.

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