0
Settlements are just now being finalized. To date, GKS has settled around 700 cases, for a TOTAL settlement cost of around $60 million. The average settlement PER CASE is under $100,000. (Source: BusinessWeek May 11, 2010)
People, read more than just the headline when citing sources.
Wiki User
∙ 13y ago
Wiki User
∙ 9y agoOK, here it is - My gross settlement amount is $19,347 from that the lawyer gets %40 so that means i get around $11,000. Nope lawyers expenses $ 1000- $2500 i'll figure $1750 so my Settlement amount from a drug that caused me to have 3 stints place in my heart, live on numerous high dollar drugs, is.........$9,250......oopps wait i took out one of those lawsuit loans i got $2500, have to pay back around $5000 it was dumb but at the time it was needed to survive so my finale settlement amount is $4250 this my friends is a great injustice , why did uncle Sam get 3 billion ? did he have a heart problem? where's the other 300 billion ? hahahha, thats what life has come to the rich get richer and we .......well you know
Maria, That's not the average, that's what YOU received. This was a mass tort case, meaning that each person would get a different amount, depending on the usage, and so forth. You could get more than someone else, them you, and so on.
Wiki User
∙ 11y ago20000
Add your answer:
Earn +20 pts
How long does it take for individual to receive cash from a lawsuit?
Terms of your settlement will be worked out with the lawyers, both the plaintiffs and defendants, or through the courts. If the case is settled out of court you are far more likely to receive money quickly than if the case is decided by a judge or jury. In these cases there are often long and complicated appeals which can tie up verdicts for years.
Whats the average amount of money lawers get in a month?
The average is about well it depends on how many cases you do.
Can debt collectors in Canada sue you in the US?
No, and vice-versa. Creditors can in most cases still file a lawsuit against the debtor and the debtor will lose by default for non appearance.
What do you call the person being sued in a lawsuit?
Different terminology can apply in different jurisdictions. However, the person being sued is probably most frequently called the "Defendant". In some cases the term "Respondent" is used.
What is the minimum amount for a collector debt lawsuit?
Essentially, one cent. The only possible minimum is determined by the lowest denomination of currency. The lowest practical amount is more likely two to three times the cost, but then costs and fees are transferred to the debtor in most cases.
What is the average settlement in Darvocet lawsuit cases?
I have a defibulator and pacemaker inserted and was sent for a heart transplant, I had conjestive heart failure. what would my settlement be?
What is the settlement average on bladder sling cases?
70000
What is the average settlement for slip and fall at walmart?
169,069. average amount of 125 cases.
What is the average settlement of a trimalleolar ankle fracture in NYC without a lawyer you know that no two cases are the same There has to be an average settlement listed somewhere as a guide?
See link below for a possible start:
Are lawsuit settlements paid out on injury claims public knowledge?
Not always. A judge may decided, based on an agreement between the attorney's for both the plantiff and defendant that a monetary judgment may remain undisclosed if it is in the interest of both parties.
What is the average lawsuit funding rate?
Average Lawsuit Funding Rate is 2.5% - 3.5%Lawsuit funding rates vary case by case. The average lawsuit funding rate is 2.5% & 3.5% but depends a great deal on many variables. Some of the variables that determine this are as follows:Is the case settled or not?What are the strengths &/or merits of the case?Anticipated time-frame of case?What is the type of case?Bear in mind that lawsuit funding companies are non-recourse lending based, which means if that case is lost, the advance is not required to be repaid. No risk, so these cases are evaluated with regards to other variables.
What is the settlement average on mesh bladder sling cases?
The average settlement amount in mesh bladder sling cases can vary widely depending on the specific circumstances of each case. Settlements can range from a few thousand dollars to several hundred thousand dollars. Factors that can influence the settlement amount include the severity of the injuries, the degree of medical expenses and lost wages incurred, and the strength of the evidence supporting the plaintiff's claim.
What is an average award or settlement for a herniated disc?
There is no average award or settlement for a herniated disc, because so many different factors are involved. Award amounts will vary depending on whether the cause was negligence or not and what actually happened. A range for a settlement amount for a herniated disc is anywhere from $20,000 to $150,000 or more.
What is an annuity settlement?
An annuity settlement is a payment to an individual for a settlement, typically from an insurance claim. It's basically any type of settlement for legal suit or other such cases.
Settlement of cases in excise?
classification rules of excise
How much taxes do you pay on a lawsuit settlement?
In most cases, you will not have to pay taxes on the main portion of lawsuit settlements. The idea is that it would be too confusing if the monetary number to be awarded would end up being less than-say-the value of the medical bills. However, additional funds such as punitive fees assigned by the court and interest accrued on compensations may be taxed. The attached law article explains taxing and lawsuit settlements in more detail.
What will happen to a civil case when the plaintiff died?
When any party to a lawsuit dies, the estate of the deceased party is substituted for the person. The estate executor or administrator then becomes the party in interest to handle the lawsuit. In most states, the executor/administrator will handle the lawsuit without having to consult with the ultimate beneficiaries before taking any action, such as settling. In practice though it is wise to get some feeling from the beneficiaries, since they might make some objections about a settlement and try to hold the executor/administrator liable for making a bad settlement. But once the ececutor/administrator does sign on the settlement, the beneficiaries cannot re-open the case just because they dislike the result.
