Mesothelioma Global Settlements
In most mass tort litigation, the parties, with the court’s assistance, negotiate a settlement agreement that resolves all or most claims at once. A settlement agreement that resolves all like claims is called a global settlement. Global settlements save money and free-up the courts, making them more efficient than having each individual lawsuit settled or litigated separately. Although there is currently a debate in the U.S. Senate for a national settlement of $140 billion to end all mesothelioma litigation, at this point, global settlement efforts in mesothelioma litigation have failed. As a result, mesothelioma victims are still required to negotiate settlements on an individual basis. Some examples of settlements reached in individual mesothelioma lawsuits are listed below.
Individual Mesothelioma Settlements
In 2007, a $3.6 million settlement was reached during a mesothelioma trial, just one day before a jury verdict would have been reached. The lawsuit was filed on behalf of Martin Lujan, an 81 year old man from the San Francisco area. During the trial, it was revealed that Mr. Lujan had been exposed to asbestos while working as a carpenter and construction worker. This asbestos exposure, which came from several companies’ joint compounds, caused Mr. Lujan to develop mesothelioma.
In 2002, Gencor, the second largest asbestos mining company in South Africa, paid a $460 million mesothelioma settlement to South African miners. The mesothelioma settlement money was put into a relief fund for mesothelioma victims and will be distributed based on need. Although Gencor did not admit liability, evidence suggested that the company permitted its workers to be exposed to blue asbestos, which is the deadliest form of asbestos.
The family of Leo Van Hoof, a mesothelioma victim who recently passed away, has won several settlements which have led to payments ranging from $3,000 to $10,000. Unfortunately, the settlement payments have been slow to come because many of the companies responsible for Mr. Van Hoof’s asbestos exposure have filed for bankruptcy protection due to numerous mesothelioma lawsuits. Pat Van Hoof, Leo’s wife, was also exposed to asbestos from washing Mr. Van Hoof’s clothes. While she has not yet been diagnosed with mesothelioma, she is being monitored for it.
To learn more about how you can obtain compensation for your injuries through a mesothelioma settlement, contact our experienced lawyers today.