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Claims administrator: Interim payments in $4.85 billion Vioxx s...

Posted in the Medication Forum

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Concerned

AOL

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#4558
Wednesday Nov 11
 

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The Shared costs are the 8% -so if you got a $125K or more settlement the shared costs would be about $10K. The legal expenses are usually under $2000. and are itemized. Tthe shared costs (8%) and legal fees (24%) equal the 32%. Also, there is a 1% MDL fee. that is it.
Confused Hoosier

Bad Vilbel, Germany

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#4559
Wednesday Nov 11
 
Concerned wrote:
The Shared costs are the 8%-so if you got a $125K or more settlement the shared costs would be about $10K. The legal expenses are usually under $2000. and are itemized. Tthe shared costs (8%) and legal fees (24%) equal the 32%. Also, there is a 1% MDL fee. that is it.
So if i understand you right we got on our settelment for my mothers mi wich also caused her death just over $500k wich was split 4 ways ( myself and 3 siblings ) and we had deducted like said just short of $10k for the " shared cost " and that would be a " normal " amount for the settelment sum we recived
Concerned

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#4560
Wednesday Nov 11
 

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To confused Hoosier - you really have to discuss the settlement statement with your law firm - they get 24% to explain this to you. But out of $500,000 33% will come out plus legal expenses paid on your behalf to get medical records and copy them. If it is an estate and they had to go to a probate court there may be more fees. I cannot answer your question without seeing the settlement papers. You have to get a copy an review it carefully yourself!
Concerned

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#4561
Wednesday Nov 11
 
The next monthly status conference will be held on Thursday, December 3, 2009, at 9:00 a.m., CST. Any interested parties unable to attend in person may listen-in via telephone at 1-866-213-7163. The access code is 38343753 and the Chairperson will be Judge Fallon.
Andy

Sandyville, OH

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#4562
Wednesday Nov 11
 
Pat wrote:
<quoted text>
What did they say?
The Lien Resolution Administrators office was very kind and understanding of all of my questions, I don't know about other peoples claims, but mine she said I will get back all of my Private lien resolution program withholding and about half of my State medicaid, which I still do not think is right, but I live in Ohio. I feel the amount that was taken from my Lawyers out of my settlement should be charged to Medicaid for winning them my money. I hope everything works out for you and all of us involved.
Andy

Sandyville, OH

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#4563
Wednesday Nov 11
 
Dick In Ohio wrote:
MI BY MERCK & jerome,congrats on the checks.I got mine today as well.It's been a long road but together we all have or will make it.I'll still be here doing what I can for all of you still in wait.IS clients your wait will probably shorter as the end will be sooner for all of you.Keep the faith for one day you'll be here sharing the good news as well.Let's all hang in there till the last check is recieved.
I am Happy for you, Long over due. I am waiting for UPS any day, I HOPE....Good Luck , and God Bless
Dick In Ohio
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#4564
Wednesday Nov 11
 
Andy,thanks I appreciate it and congrats to you as well on the lien information.I am very happy for you getting most of it back.Good luck on getting the checks soon.Best wishes
feeling hopeless

Glen Cove, NY

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#4565
Wednesday Nov 11
 
Confused Hoosier wrote:
<quoted text>
So if i understand you right we got on our settelment for my mothers mi wich also caused her death just over $500k wich was split 4 ways ( myself and 3 siblings ) and we had deducted like said just short of $10k for the " shared cost " and that would be a " normal " amount for the settelment sum we recived
Sehr Geehrter "Confused Hoosier"

Wir moechten wirklich wissen warum Sie im Bad Vilbel wohnen (in der naehe von F. am Main). Soldat? Am Urlaub? Meine Ehefrau liest oft dies' Website.

Joined: Mar 7, 2009

Comments: 347

Great Falls Montana

ISP: Grand Junction, CO

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#4566
Wednesday Nov 11
 

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Confused Hoosier wrote:
<quoted text>
So if i understand you right we got on our settelment for my mothers mi wich also caused her death just over $500k wich was split 4 ways ( myself and 3 siblings ) and we had deducted like said just short of $10k for the " shared cost " and that would be a " normal " amount for the settelment sum we recived
Forget the split and lets just look at the basics. If your case got 500,000, then out of that you would pay 32% lawyer fees.(This INCLUDES the shared costs) and also a SMALL amount for office fees. This would include mailing costs (Over night FedEx or UPS) medical records and copying costs. You should get an itemized list for these expenses and I would guess they would be somewhare between $500 and $2,000. Mine were a little less that $1500 total and each item was listed and cost shown.

Bottom line, if the estate was awarded $500,000, it should get approx $330,000 and $335,000.(Then that would be split the 4 ways and the probate atty would get his, should be small, cut.)

I hope that was clear. I tend to ramble when Im trying to type off the top of my head.
jerome

Lawrenceburg, IN

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#4567
Thursday Nov 12
 

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Confused Hoosier-

After all these replys, I hope you realize if your atty is really charging your case $10K ON TOP of the 33%(24%+ 8%+ 1%) you and your siblings need to be raising he-- with your lawyer!!!!

I don't think you're confusing this $10K "shared cost" with the 8% "common benefit." On your case- the 8% is over $40K.

Good luck and keep us posted.

Joined: Mar 7, 2009

Comments: 347

Great Falls Montana

ISP: Grand Junction, CO

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#4568
Thursday Nov 12
 

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Thanks Jerome, I forgot to add in that one percent fee.
Nani

Wheaton, IL

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#4569
Thursday Nov 12
 
Does anyone have Sanford Wittels & Heissler in NJ?
Bev in California

Pomona, CA

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#4570
Thursday Nov 12
 
Nani wrote:
Next meeting is December 3rd - 9am - 1-866-213-7163 Code #38343753
Is the time EST?

Bev
Puzzled in Michigan

Troy, MI

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#4571
Thursday Nov 12
 
My husband has a MI case and his attorney is Weitz & Luxenberg in New York. We have not been able to get very much information from them (surprise). Does anyone out there have Weitz? They told us that Judge Fallon has decided that settlements can no longer be made in 2 payments. Therefore, we have to wait until they calculate EVERYTHING and make sure it is absolutely correct before they can send his one and only check. Weitz does not seem to be in any hurry to get this money out? It is so frustrating!
Whoa

Suncook, NH

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#4573
Thursday Nov 12
 

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Puzzled in Michigan wrote:
My husband has a MI case and his attorney is Weitz & Luxenberg in New York. We have not been able to get very much information from them (surprise). Does anyone out there have Weitz? They told us that Judge Fallon has decided that settlements can no longer be made in 2 payments. Therefore, we have to wait until they calculate EVERYTHING and make sure it is absolutely correct before they can send his one and only check. Weitz does not seem to be in any hurry to get this money out? It is so frustrating!
What a load of BS! Your attorney got a breakdown of monies owed and withheld..from Browngreer. All they have to do is deduct their charges and send you a check.. Call them back and tell them to get your check to you now...or you will call your Attorney General's office...and report them for "Fiduciary Malpractice ".

Why do we have to go through this?????
Confused Hoosier

Mörfelden-walldorf, Germany

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#4574
Thursday Nov 12
 
Thanks to all who have been responding to my post next question who should i contact when i am not happy with the answers i am getting from the law firm ?? brown greer or judge fallon`s office if its the judges office dose some one have the e-mail from them i cannot find it.
Thanks
Confused Hoosier

Mörfelden-walldorf, Germany

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#4575
Thursday Nov 12
 
feeling hopeless wrote:
<quoted text>
Sehr Geehrter "Confused Hoosier"
Wir moechten wirklich wissen warum Sie im Bad Vilbel wohnen (in der naehe von F. am Main). Soldat? Am Urlaub? Meine Ehefrau liest oft dies' Website.
Gute hopeless ich wohne in die nähe von Dieburg / Darmstadt und spreche auch Deutsch.
Any way i am American and i live here in Germany and work with the Dept of State at the American Consulate General in Frankfurt have been over here just short of 30 years including Military time and as you can see born and raised in Indiana.
What area is your wife from ??
curious

Alexander, NC

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#4576
Thursday Nov 12
 

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I can't believe all that I am reading!! Everyone should be paid by now!! My wife received two checks in October. And we were told we were at the bottome of the list. If you have not been paid, I would contact Judge FAllons office! If that doesn't help, keep calling your atty...the squeaky wheel gets the grease!
Confused Hoosier

Mörfelden-walldorf, Germany

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#4578
Thursday Nov 12
 
Contacted Jen from Brown Greer about my " shared cost " and mailed her my paper work she said she would look into it. just have to wait and see
Puzzled in Michigan

Troy, MI

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#4579
Thursday Nov 12
 
Also Weitz is saying that money has not been released to them to pay the claims? Is that more BS?

I am glad we found this blog because the attorney's office isn't giving us much information. After waiting for so long to finally get an award you would think the attorney would try to get it paid and closed? And then to hear that so many have at least gotten some payment, why all of a sudden can they not pay an interim 40% payment and have to pay only once?
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