Mass

Unraveling the Complexities of Mass Tort Settlements: Inside the World of Liability Forecasting

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(Pittsburgh, PA) – Liability forecasting plays a critical role in the management of mass tort settlement trusts, which often involve billions of dollars and numerous claimants seeking compensation for their injuries. Administering these trusts is a complex task, with various factors and challenges to consider. One of the main challenges is the timeline of mass tort litigation. Exposures, injuries, and the discovery of injuries can span over multiple decades, during which companies may come and go, declare bankruptcy, or be bought and sold. Additionally, people may be exposed to new elements or conditions in their … Read more

Philadelphia’s Controversial Civil Rights Payouts: Outlier or Mass Tort in Question?

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PHILADELPHIA (AP) – The City of Philadelphia in Pennsylvania has been making significant payouts to settle civil rights claims, sparking debates over whether these cases are outliers or a quasi-mass tort. Critics argue that the city’s trend of settling these cases at a high rate raises concerns about accountability and the need for systemic changes. In recent years, Philadelphia has faced a surge in civil rights lawsuits, with the city paying out millions of dollars to settle claims. These cases involve allegations of police misconduct, excessive use of force, and civil rights violations. The city … Read more

Delays in Boulder Mass Shooting Trial Anger DA and Frustrate Victims

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BOULDER, Colo. – The Boulder District Attorney expressed frustration on Friday over multiple delays in the case involving the Boulder grocery store shooting that took place last March. Ten individuals, including a Boulder police officer, were tragically killed in the incident. The victims, as well as their families, have been left incredibly frustrated by the ongoing delays in the legal proceedings. The defendant, Ahmad Al Aliwi Alissa, has been charged with multiple counts of murder and attempted murder. Alissa’s public defender, Kathryn Herold, argued that the delays were a result of the defendant’s mental illness … Read more

Unmasking the Hidden Backers: Shedding Light on Funding Behind Mass Tort Litigations

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Los Angeles, California – Recent efforts are underway to unveil the sources of outside funding for mass tort litigations. The disclosure of such information is vital as it sheds light on potential biases and conflicts of interest within the legal system. Organizations advocating for transparency argue that revealing the funding sources can help ensure fairness and integrity in mass tort cases. Mass tort litigations involve a large number of plaintiffs who have been harmed by a common product or action. These cases often attract substantial funding from third-party investors, such as hedge funds or venture … Read more