July 15, 2024 On June 27, 2024, in a narrow 5-4 vote, the Supreme Court ruled that the nonconsensual third-party release against non-debtors that comprised an essential part of a proposed settlement are not authorized by any provision in the Bankruptcy Code. In...
On June 6, U.S. District Judge Karen S. Marston of the Eastern District of Pennsylvania was selected by the Judicial Panel on Multidistrict Litigation (JPML) to assume responsibility for the litigation involving Ozempic and other similar drugs following the sudden...
The ongoing saga of pharmaceutical giant Johnson and Johnson’s third attempt to file for bankruptcy and resolve over 61,000 lawsuits involving its talc products has escalated into a battle between two factions of law firms representing women who allege that they...
One of Verus’ greatest strengths is its talented and creative operations team, adept at managing the intricate details of every engagement they undertake. From the initial outreach to your clients, all the way through to the resolution of healthcare liens and...
Verus has been serving as a settlement administrator for a growing number of class actions, mass torts and asbestos settlement trusts since its inception in 2004 and to date has managed over 50 personal injury trusts, class action settlements, and other mass tort...
The ongoing saga of pharmaceutical giant Johnson and Johnson’s third attempt to file for bankruptcy and resolve over 61,000 lawsuits involving its talc products has escalated into a battle between two factions of law firms representing women who allege that they...
The Benefits of Audits In Mass Torts Compliance audits specifically designed to verify the credibility, integrity, and reliability of the evidence being collected and submitted throughout the litigation process are an important tool promoting accountability, and...
Verus offers a wide range of financial and business support services to settlement trusts and law firms that might not have the in-house expertise or employees to handle complex or time-consuming administrative tasks themselves. Our services, powered by our deep...
A Philadelphia Court of Common Pleas judge has reduced the $2.25 billion verdict against Monsanto to $404 million after the weed killer manufacturer argued the award was constitutionally excessive. In her order, Judge Susan I. Schulman threw out the initial...
On May 24, 2024, in the first U.S. jury trial held involving the popular heartburn medication Zantac, a Cook Court, Illinois circuit court jury found in favor of drug makers GlaxoSmithKline (GSK) and Boehringer Ingelheim and against plaintiff Angela Valadez. Seeking...
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