The President of the Federal Reserve Bank President said Monday he expects the U.S. housing market to continue decline and that the foreclosure rate will rise for several more quarters.
Continue reading "Rise in Foreclosure Rates May Impact Bankruptcy Filings" »
The Massachusetts-based medical device company that bought Indianapolis-headquartered Guidant in 2006 recently announced it will pay an additional $45 million into a fund to settle more than 8,500 products liability claims.
Continue reading "Boston Scientific Increases Amount of Guidant Settlement" »
Recently, the panel of federal judges that oversee consolidation of products liability cases throughout the country consolidated cases involving the Kugel Mesh Patch in the District of Rhode Island.
Continue reading "Kugel MDL Is Organized in Rhode Island" »
On Friday, Merck & Co., Inc. announced that it had agreed to settle thousands of lawsuits filed against the company by patients who took Vioxx and suffered either a heart attack or stroke. While this sounds like a lot, it is far less than original estimates of liability the company faced when it withdrew its blockbuster arthritis drug on September 30, 2004.
Continue reading "Merck Agrees to Settle Vioxx Litigation for $4.85 Billion" »
Did you know that in Indiana, any bar or restaurant who knowingly serves alcoholic beverages to someone who appears to be intoxicated can be sued if that person then is involved in an automobile accident with another person and injures or kills the other person? They can according to Indiana Code § 7.1-5-10-15.5(b)(1)-(2). In addition, bars can be found liable if the person drinking is over 21 or older and suffers injury or death due to the overintoxication. Indiana Code § 7.1-5-10-15.5(c).
Continue reading "Dram Shop Act" »
An acquaintance of mine recently asked me whether it was appropriate to bring a wrongful death action on behalf of someone’s estate even though criminal charges had not yet been filed against a defendant.
Continue reading "Wrongful Death Action" »
