Bankruptcy
Oct. 31, 2009
Stop the Clock With Qualified Settlement Funds
Meredith Johnson of Higgins Settlement Law explains why qualified settlement funds can benefit plaintiffs.
SETTLEMENTS
By Meredith JohnsonWhen a local plaintiff's attorney reached a seven-figure settlement with General Motors earlier this year, the papers were full of speculation about GM's bankruptcy future. The papers speculated that unpaid settlements and judgments, along with pending litigation, would be left in "old GM" to be paid with the other GM creditors as another one of GM's "bad debts." A car accident had left the GM plaintiff severely ...For only $95 a month (the price of 2 article purchases)
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