Re: 7th Amendment
Posted by gayla on 2/11/07
On 2/11/07, booboo wrote: > > 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 > > > i got a letter from my lawyers saying how much i would get. but they also said that 95% of the people didn't agree to it we would get nothing. and so far they haven't been able to get the percent they need. thanks gayla
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