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Litigation Funding Blog

Healthcare Clinic Sued in Several Wrongful Death Lawsuits Over Use of GranuFlo

August 31, 2018

The families of three patients who died of heart attacks in 2013 after dialysis treatments at their health clinic were awarded $383.5 million.

According to the families’ attorneys, the patients were treated with GranuFlo, a drug known to cause a toxic pH balance. The lawsuit alleged fraud and negligence in ignoring significant blood changes when patients returned for dialysis treatments and that the company hid the harmful effects of an acid concentrate used in dialysis. GranuFlo was recalled in 2012 by the USFDA.

Litigation Funding Corporation knows that the process of arriving at a settlement or concluding a jury trial involving a defective drug or medical product lawsuit may take years to settle. Major drug companies are reluctant to offer adequate settlements, and they can afford to take their time with a lawsuit. In the meantime, victims, and their families, of medical malpractice or defective drug may face financial difficulties that could end in foreclosure or bankruptcy. Litigation Funding Corporation can provide a “lawsuit loan” or pre-settlement funding so victims can focus on recovery.

Pre-settlement funding allows plaintiffs instant access to cash with no risk. The online application process is easy and approvals are often made within 24 – 48 hours after Litigation Funding receives relevant case documentation from the plaintiff’s lawyer. There are no upfront fees, no credit checks and employment verification is not required. If the case does not win, repayment of the cash advance is totally forgiven.

Were you seriously injured and now facing a pending lawsuit? Do you feel that lawsuit funding could help you financially? Call Litigation Funding Corporation at 1-866-548-3863. We are ready to assist you with fast and hassle-free lawsuit funding.

Dockworker Dies After Mooring Line Snapped on Cargo Ship

August 17, 2018

A dockworker’s widow filed a wrongful death lawsuit when a mooring line snapped on a cargo ship, killing her husband.

The woman’s husband was killed June 28 when a thick nylon mooring line snapped and recoiled toward him in excess of 450 miles per hour, killing him instantly. A second man died later the same day. The $16 million lawsuit, filed in U.S. District Court in Portland, Oregon names the owner of the vessel and the company that managed and operated the ship as defendants. It is alleged that the ship was repositioned without checking if the crew was in danger and that there were no safe lines provided to shift the ship.

A wrongful death suit can be filed when a loved one is killed due the negligence of another. If there is no life insurance or other funding sources readily available, plaintiffs could be eligible for pre-settlement funding or litigation financing.

The main objective for litigation financing is removing financial pressure to settle too fast and too soon, and to ensure victims of a tragedy receive fair and equitable compensation. Litigation Funding Corporation provides pre-settlement funding or a lawsuit loan based only on the merits of the case at hand.

The application process is simple and once an application has been approved, the pre-settlement funding can be available within 24 – 48 hours. Once a signed contract is received, funds can be sent either by check or wire. Plaintiffs can use the money immediately to pay medical bills, funeral expenses, and their usual monthly financial obligations. Should the case be lost, clients do not repay the cash advance.

Litigation funding is also available for many other types of lawsuits, such as product liability and auto accident cases. If you are in a pending personal injury or wrongful death lawsuit and need financial assistance, call 1-866-548-3863 to discuss your funding needs. We look forward to helping you obtain justice.

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