Bankruptcy Lien Resolution

Companies facing large mass tort liability have turned to bankruptcy since the 1980s when cases against asbestos manufacturers were emerging. The idea of creating a litigation trust came out of the asbestos litigation. These trusts provide a way for plaintiffs to seek money owed from the mass tort liability while letting the company reorganize and continue operations. In recent years, several companies facing mass tort liability outside of asbestos have turned to bankruptcy as well.

Having acquired vast experience in the management of large-scale, asbestos lien resolution, LitPRO has established expertise in managing the healthcare lien resolution process as it relates to bankrupt defendants. This situation may require the development of specialized lien resolution programs with bankrupt defendants to manage the potential multiple reporting obligations per claimant for any one particular healthcare lien arising out of multiple payouts over time. Each litigation deserves its own approach and strategy. Reach out to LitPRO to get ahead of this process early in litigations involving bankrupt defendants.

Our other Mass Tort projects:

Camp Lejeune Water Contamination Lien Resolution

Countless service members, their families and civilians who lived and worked at North Carolina’s Camp Lejeune between 1953 and 1987 may have been exposed to toxic water sources that are believed to cause birth defects, cancer and other life-threatening diseases.

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Roundup Lien Resolution

Roundup is one of the most widely used weed killer that is used on a commercial agricultural scale and for residential use. It is used on gardens, lawns, parks, playgrounds, plant nurseries, golf courses, and more.

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Paraquat Lien Resolution

Paraquat is a herbicide that has been used in the United States since 1964 despite being banned by other governments such as the European Union and China.

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3M Earplug Lien Resolution

From 2003 -2015, 3M sold and distributed earplugs to thousands of service members deployed to Iraq and Afghanistan. Veterans who were exposed to blasts during this time period may have incurred hearing loss which compromises the ear and the connection between the ear and the brain.

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Sex Abuse Lien Resolution

Sex abuse survivors are of all ages, including children, adults, and adults who were abused when they were children.

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Elmiron Lien Resolution

Elmiron is a drug used to treat bladder pain or discomfort associated with interstitial cystitis.

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Paragard IUD Lien Resolution

Paragard is a hormone-free, T-shaped birth control device whose layer of copper prevents sperm from reaching and fertilizing an egg.

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Zantac Lien Resolution

Zantac is the popular brand name of a drug called Ranitidine, a type of medication with histamine-2 blockers, which is widely used to treat various gastrointestinal conditions such as heartburn and acid reflux.

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JUUL Lien Resolution

Juul is an e-cigarette device that delivers nicotine to users through the inhalation of water-based vapors instead of smoke.

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Talcum Power Lien Resolution

These lawsuits allege that defendant Johnson & Johnson is liable for personal injuries or wrongful deaths that resulted from ovarian cancer in women who used the company’s talc products for feminine hygiene.

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Taxotere Lien Resolution

Taxotere is a commonly used chemotherapy drug to treat breast cancer. The drug has been linked to permanent hair loss, fluid retention, hepatotoxicity, hypersensitivity reactions, neutropenia, and toxic death.

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Hair Relaxer Lien Resolution

Hair relaxer is a product used primarily by black and brown women to make hair lay flat and straighten.

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Acetaminophen Lien Resolution

Acetaminophen, known primarily by its popular brand name Tylenol, has been one of the most widely used over-the-counter medications for decades. Almost every adult in the US has probably taken Tylenol at least once, and millions use it regularly for aches and pains.

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