Mesothelioma Compensation Information for Patients and their Families
People who have been diagnosed with the asbestos cancer mesothelioma, maybe entitled to financial compensation from the legal system. This is because many companies in the asbestos industry knew that asbestos can cause cancer but concealed that risk to protect financial profits. Asbestos is inexpensive, resistant to heat, flexible and strong, thus making it suitable for a wide range of products. Some asbestos containing products include brakes, insulation material and roofing shingles.
Mesothelioma Compensation from Settlement, Trial Verdict or Bankruptcy Trust Fund
When a mesothelioma patient hires a mesothelioma lawyer to initiate legal action, that action can be resolved by compensation from a settlement, verdict after a trial or payout from a bankruptcy trust fund. Whether a mesothelioma patient receives any compensation or the amount of compensation depends on many factors that an experienced asbestos attorney can evaluate. If you would like to know about the amount of compensation that you may be entitled to, complete the form on this page to consult with a leading asbestos lawyer for free.
Compensation from Settlement
A mesothelioma settlement is an agreement between parties in a lawsuit to accept a specified amount of money to resolve a mesothelioma lawsuit. Settlements are agreed upon out-of-court and thus avoid the expense and time associated with resolving a case through a trial.
The Weitz & Luxenberg mesothelioma attorney who is working with you will carefully review the settlement offer that has been presented and make an informed decision on whether the terms of the settlement are acceptable. If you agree the terms are acceptable, the case will be closed after you sign the settlement papers.
Compensation from Trial
If the parties to a lawsuit fail to reach a settlement, the mesothelioma lawsuit proceeds to trial. A bench trial is decided by a judge while a jury trial is resolved by a jury. If the judge or jury finds the asbestos company or companies liable for causing mesothelioma, a verdict for monetary compensation will be issued and must be paid. The amount of the verdict depends on several factors including: medical bills incurred by the mesothelioma patient, loss of income and pain and suffering.
Compensation from Asbestos Bankruptcy Trusts
An asbestos bankruptcy trust is a fund that has been set aside by an asbestos company that has had to file for bankruptcy due to asbestos lawsuits filed against it. After an asbestos bankruptcy trust has been established, people suffering from an asbestos cancer can file a claim for compensation with the fund administrator of the appropriate company instead of suing the company. People whose asbestos exposure can be traced to multiple bankrupt asbestos companies can file claims with multiple bankruptcy trust funds.
Partial List of Bankrupt Asbestos Companies
Founding partner of our firm, Perry Weitz, is a leader in this area, having been appointed class counsel in the country's largest asbestos bankruptcy proceedings, including being appointed Present Claimants' Class Counsel in the Johns-Manville limited fund class action by the Hon. Jack B. Weinstein of the Eastern District of New York. He currently serves as either chairman or member of many asbestos litigation bankruptcy-related Trust Advisory Committees.
Weitz & Luxenberg can offer assistance in understanding the mesothelioma lawsuit process. For more information, please complete the form below to contact a lawyer who has achieved outstanding mesothelioma verdicts and settlements. Our asbestos attorneys will give you the necessary information you need regarding your potential claim.The law limits your time to file a lawsuit. Complete the form as soon as you can for a free case review.