READ ALL THE WAY TO THE BOTTOM TO SEE THE 9 PEOPLE WHO DECIDE WHO GETS WHAT PORTION OF THAT MINIMUM $1.8 BILLION DOLLARS.
IT IS MY UNDERSTANDING, THE ATTORNEYS WHO DO THE WORK IN THE MDL'S ARE THE ONES BEING PAID FROM THE 5% COMMON BENEFIT FUND $1.8 BILLION DOLLAR MINIMUM.
THE OTHER 40% BEING WITHHELD FROM YOUR SETTLEMENT IS MOST LIKELY FOR YOUR ORIGINAL ATTORNEY FILING YOUR SHORT FORM COMPLAINT, AND NOT MUCH ELSE. AND PROBABLY ADVERTISING COSTS TO GET YOU TO FIND HIM AND SIGN UP WITH HIM.
AUGUST 26, 2013 THE MDL 2187 C.R. BARD 5% FUND WAS ESTABLISHED BY PTO 84 WHICH YOU CAN FIND ON THE WEST VIRGINIA COURT WEBSITE.
(Order Re: Qualified Settlement Fund-Ethicon & Blasingame, Burch, Garrard & Ashley P.C.)
Blasingame, Burch, Garrard & Ashley, P.C. (“BBGA”), as counsel for certain plaintiffs in this MDL No. 2327 has moved the Court for entry of an Order to aid in the efficient processing and administration of a Confidential Settlement Agreement (the “Settlement Agreement”) between Defendant Ethicon, Inc. and its parent and subsidiary companies (“Ethicon”) and BBGA to resolve the claims of certain claimants against Ethicon relating to the implant of Ethicon Pelvic Mesh Products (as defined in the Settlement Agreement). [ECF No. 2733].
(2) retaining continuing jurisdiction and supervision over the Settlement Escrow, and
(3) determining that the Settlement Escrow constitutes a “qualified settlement fund” within the meaning of section 468B of the Internal Revenue Code of 1986, as amended (the “Code”) and Treasury Regulation sections 1.468B-1, et. seq.