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    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

    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

    Posts on this thread, including this one

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