3rd Circuit Court of Appeals Denies En Banc Review of NFL Settlement Case

    SECAUCUS, NJ, June 07, 2016 /24-7PressRelease/ -- Atlas Legal Funding (www.AtlasLegalFunding.com) announced today that the 3rd U.S. Circuit Court of Appeals has denied an en banc review of the NFL Concussion Settlement in the 3rd Circuit Court of Appeals. The appeal, which was brought about by roughly 200 former players, states that the lawsuit does not include living former players who may have chronic traumatic encephalopathy (CTE), which has been linked to concussions.

The settlement does address other injuries caused by head trauma. Medical experts have stated that about 30 percent of the 21,000 former players, or roughly 6,000 retirees, are expected to be diagnosed with Alzheimer's disease or moderate dementia. The settlement would pay most of them a range anywhere from $100,000 - $5,000,000 once all appeals are exhausted.

Compensation Timeline for Former Players Still Unknown; Possibility of Case Moving to Supreme Court

As of now, the lawsuit's duration and timeline for completion is still unknown. There is a possibility that the case will be appealed to the Supreme Court. In order for that to happen, an appeal must be filed within 90 days of April 18, 2016 -- the original date that the 3rd circuit appellate court approved the settlement.

If an appeal is filed within this 90-day timeframe, the Supreme Court will decide whether to hear the case and render a decision -- or deny hearing the case. If the Supreme Court denies hearing the case, at that point all appeals will have been exhausted and the settlement can finally move into the claims process and players will begin to be compensated.

"We are pleased with the Third Circuit's decision to deny the appellants' requests for an en banc rehearing. These meritless appeals have come with devastating consequences for the thousands of retired NFL players suffering from neurocognitive injuries, and those concerned about their future, as they have been forced to wait even longer for the immediate care and support they need and deserve," said Christopher Seeger, co-lead counsel for the retired players who brought the class-action suit. "We hope these objectors will consider the over 20,000 retired players and their families that support this agreement before filing additional appeals to the U.S. Supreme Court that will only extend these delays further."

Former Players Involved in Lawsuit Eligible for Legal Funding Now

The settlement payout has not only been delayed by appeals, but also by insurers who are negotiating with the NFL to determine how much of the settlement they have to cover. If you, like many other former players, are in need of settlement funding now, legal funding is a way to receive an immediate cash advance on a portion of potential settlement money.

"It is important to note that a legal funding advance is not a loan, it is a non-recourse advance which affords the recipient the opportunity to have access to funds that may not otherwise become available for months or years," said Jeremy Fink, Esq., COO of Atlas Legal Funding. "Repayment is exclusively tied to any potential recovery from a settlement of a personal injury claim - meaning that if there is not a monetary recovery from the legal claim, the advance does not have to be repaid."

For former players in need of funding to support their families and pay bills, mortgage payments and take care of other life needs now, funding options are available. Physical and neurological impairments caused by NFL injuries make it difficult to work or support a family. We encourage eligible players that are in need to contact us for funding today by clicking here to fill out a form, or by calling 1-877-635-4037.

Atlas Legal Funding provides no-risk lawsuit financing to former NFL players and has been involved in the NFL Concussion case since 2014. In that time, Atlas has spoken to hundreds of former players and their attorneys about their claims, their immediate financial needs and the problems they face in day-to day life -- including making a living, supporting their families and making ends meet. In many instances a legal funding advance is a last resort after not being able to hold down a job or borrow money from friends or family -- or not being able to secure a loan from a traditional source like a bank.

Legal funding is a way to receive an immediate cash advance on a portion of a potential settlement recovery. It is important to note that a legal funding advance is not a loan, it is a non-recourse advance that affords the recipient the opportunity to have access to funds that may not otherwise become available for months -- or years.

Because legal funding is not a loan and because it is non-recourse there are no monthly payments that need to be made, and there is never a personal obligation to repay the advance. Repayment is exclusively tied to any potential recovery from a settlement of a personal injury claim - meaning that if there is not a monetary recovery from the legal claim, the advance does not have to be repaid.

Call us today at 877-635-4037 or e-mail [email protected] for further details.

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