Re: 7th Amendment
Posted by booboo on 2/11/07
On January 18, 2005, Judge Bartle, the United States District
Court Judge overseeing the Nationwide Diet Drug Settlement,
approved the Seventh Amendment to the Fen-phen Settlement.
That approval essentially creates two Fen-phen Settlement
Trusts: the Original Settlement Trust and the 7th Amendment
Settlement Trust.
The 7th Amendment Settlement Trust is a newly funded $1.25
billion settlement fund designed to provide a modest level of
monetary compensation to two groups of Fen-phen Claimants: (1)
the thousands of Diet Drug Recipients (approximately 43,000)
who timely filed a Green Form on which compensation for Matrix
Level 1 or Level 2 injuries was claimed; and (2) the thousands
of Diet Drug Recipients who, although not eligible for Matrix
level compensation, were diagnosed with "FDA Positive"
valvular regurgitation and/or Mild mitral valve regurgitation
and who timely registered with the Diet Drug Settlement Trust.
Unless a Diet Drug Recipient who is in one of these two groups
made a timely and affirmative election to Opt-Out of the 7th
Amendment, he/she is automatically covered by the 7th
Amendment.
Because the 7th Amendment Settlement Trust is a fixed
settlement fund AND the number of Diet Drug Recipients who
will be eligible to share in the fund is unknown at this time,
the amount of compensation to be paid to each eligible Diet
Drug Recipients is currently unknown. Until the review of all
claims is completed and the number of eligible Diet Drug
Recipients is determined, the amount of compensation to be
paid to each eligible Diet Drug Recipient cannot be determined.
On 2/11/07, Shayla wrote:
> On 2/07/07, Bob wrote:
>> Has anyone heard from his/her attorney saying they had
>> received a signed order from the judge? Has anyone
> received
>> 7th amendment check or correspondence saying when the
>> payment could be expected?
>
>
> Of course, we haven't heard anything. It seems as if when
> people do learn of something, everyone is hearing different.
> What are you referring to as the 7th amendment?
>
> Why can't they just get the ball rolling? Have they not
> heard of "SENSE OF URGENCY" ha ha Had to be a little
> funny.
>
> If you hear anything let me know
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