Unveiling the Threat: Mass Tort Epidemic Pushes Federal Bankruptcy System to the Brink

Los Angeles, California – Mass tort exposure has led to a surge of bankruptcies across various organizations, from Johnson & Johnson to the Boy Scouts. This alarming trend is causing significant disruption to the federal bankruptcy system, with adverse consequences for both plaintiffs and bankrupt entities. The only ones truly benefitting from this crisis are the plaintiff lawyers. The strategy employed by trial lawyers to exploit the traditional bankruptcy claims process is both simple and detrimental. Through extensive marketing efforts, including the use of lead generation companies and channels like social media, TV, and radio … Read more

The Secrets Behind the Lucrative Mass Tort Playbook: How Attorneys Profit by Exploiting the Legal System

COLUMBIA, SC – With football playoffs on the horizon, the focus naturally turns to teams’ playbooks. However, there’s another kind of playbook at play in the legal field, allowing attorneys to secure massive settlements in profit-driven mass tort litigations. These cases, which often target major corporations, have seen exponential growth, raising concerns about their impact on the economy. Mass tort litigations involve consolidating a large number of personal injury claims against a single defendant. It’s common for these cases to settle out of court due to the sheer volume of claimants attracted by aggressive advertising … Read more

High-Stakes Battle: Supreme Court Weighs Release of Liability for Purdue Pharma Founders in Ongoing Mass Tort Bankruptcy Cases

Washington, D.C. – Mass tort bankruptcies faced significant difficulties in 2023, with the dismissal of two cases and the fate of two others hanging in the balance. A closely watched legal battle involving the Sacklers, founders of Purdue Pharma, reached the U.S. Supreme Court on December 4th. This case centered around the release of liability granted to the Sacklers as part of the pharmaceutical company’s $6 billion bankruptcy plan, which has raised concerns. The Supreme Court’s oral arguments held on December 4th showcased the growing scrutiny surrounding the Sacklers and their role in the opioid … Read more

Streamlining Mass Tort Cases: Solving the Data Problem for Plaintiffs’ Firms

In mass tort cases, the process of collecting data during client intake can be challenging for plaintiffs’ firms. With hundreds or thousands of clients and a pool of prospective clients coming from different channels and using various intake formats, ensuring the accuracy and completeness of the data becomes a complex task. Oftentimes, prospective clients may submit data in different formats or provide insufficient, incomplete, or irrelevant supporting documentation. To address this data problem, plaintiffs’ firms can benefit from implementing a structured, standardized, and streamlined approach to collecting client data. This will enable them to obtain … Read more