Legal Funding for DePuy ASR Hip Settlement Extension

    SECAUCUS, NJ, March 17, 2015 /24-7PressRelease/ -- Atlas Legal Funding today announced that the existing DePuy Articular Surface Replacement (ASR) hip settlement has been extended to include those who had revision surgery on or before Jan. 31. This extension, which will include an additional 1,400 claims, went into effect on Feb. 20 when the Settlement Oversight Committee (SOC) and DePuy Orthopaedics, Inc., filed a joint status report with the U.S. District Court.

In the initial settlement agreement, reached in Nov. 2013, Johnson & Johnson and its DePuy division agreed to compensate approximately 8,000 eligible ASR patients who had revisionary surgery to replace failed DePuy ASR implants -- including ASR XL Acetabular Hip System and ASR Hip Resurfacing System -- before Aug. 31, 2013.

2015 Settlement Enrollment Now Open

Enrollment for the 2015 settlement is now open; deadline to enroll is May 1, 2015.

"If you had revisionary surgery after Aug. 31, 2013 and on or before Jan. 31, 2015, and were previously excluded from the DePuy ASR settlement program, this is good news," stated Atlas Legal Funding Managing Partner, Jeff Kahn. "But despite this good news of inclusion for more patients, the wait for funding will continue since claims will need to be submitted and processed before payments are disbursed."

Funds Disbursement Timeframe Unknown; Awards Average $250,000

It is difficult to estimate when DePuy ASR hip settlement payments will be disbursed. After the 2013 settlement, it took approximately one year for plaintiffs to begin to receive funding; some plaintiffs are still waiting. In the initial settlement agreement, plaintiffs were awarded an average of $250,000 for pain and suffering.

Those who were found to have suffered "extraordinary injuries," such as complications related to hip revision surgery, may also be able to obtain additional compensation and have all medical expenses covered under Part "B" of the settlement agreement. A number of factors play into the amount of the base settlement that a patient receives, including age, amount of time the ASR implant was in place, a plaintiff's weight, whether the plaintiff was a smoker -- and other various issues.

Atlas Legal Funding Provides Legal Financing to Plaintiffs

Atlas Legal Funding provides legal funding cash advances to DePuy ASR plaintiffs to help meet their immediate financial needs while they wait for settlement funds to disburse. If you have a DePuy ASR hip claim and are qualified to receive compensation, contact Atlas Legal Funding to ask about a cash advance on your settlement funds while you wait for the claims process to run its course.

The legal funding application process is quick and easy. There are no upfront or out-of-pocket expenses associated with applying for or receiving a cash advance. Apply online now. Or to find out more about a DePuy ASR hip settlement cash advance, contact Atlas Legal funding at 1-877-635-4037 or by visiting www.AtlasLegalFunding.com.

About Atlas Legal Funding

Atlas Legal Funding is a lawsuit funding company located in Secaucus, New Jersey. We are an attorney- and plaintiff-friendly firm; we provide non-recourse legal funding for both pre- and post-settlement cases to plaintiffs for some of the lowest rates in the industry.

Benefits of Working with Atlas:
- Our process is quick and streamlined; we usually only need a few minutes to discuss a case and limited documentation is required.
- Average wait time to receive funds is 48 hours.
- We have some of the lowest rates in the legal funding industry.

Currently, we're focused on providing funding for the cases below, which fall into both pre- and post-settlement funding categories:
- NFL Concussion Cases
- Trans-vaginal / Pelvic Mesh
- Stryker Hip Replacement and DePuy Hip Replacement
- Medical Malpractice
- Avandia
- Motor Vehicle (MVA) Cases
- Multiple personal injury cases

Keep in mind, repayment on non-recourse legal funding is only required if the case is won or settled out of court. Should a client lose a case, repayment is not required.

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