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
> 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
>>> 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
>> 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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