Introduction
Welcome to our comprehensive guide on mesothelioma payout 2016. We are here to help you understand the legal compensation options available for those affected by mesothelioma. In this article, we will delve into the different types of payouts, who is eligible to receive them and how to file a claim. Mesothelioma is a rare and aggressive cancer caused by exposure to asbestos, but victims and their loved ones have legal options for compensation. Keep reading to learn more.
The Basics of Mesothelioma Payouts
Before discussing the payouts available, it is important to understand the basic terminology surrounding mesothelioma claims. A mesothelioma payout is a monetary award that is given to individuals or their loved ones who have been diagnosed with mesothelioma as a result of asbestos exposure. These payouts can be in the form of settlements or jury verdicts.
Mesothelioma settlement: A settlement is a lump sum payment offered by the defendant or their insurance company to the plaintiff. Settlement agreements can be reached before or after a trial has begun.
Mesothelioma jury award: A jury award is the sum of money awarded to the plaintiff by a jury after a trial has concluded.
The amount of compensation received depends on various factors, including the severity of the illness, the extent of the damages and the defendant’s assets. It is important to note that payouts can bring financial relief to victims and their families, but they cannot cure mesothelioma or replace the loss of a loved one.
Who is Eligible for these Payouts?
Victims of mesothelioma and their loved ones are eligible for mesothelioma payouts if they can prove that the victim’s mesothelioma was caused by asbestos exposure. Asbestos exposure can occur in many different industries, including construction, shipbuilding, and manufacturing.
To file a mesothelioma claim, victims must prove that the exposure to asbestos occurred at their workplace or in a product that contained asbestos. In addition, the victim must have been diagnosed with mesothelioma within a certain amount of time after the exposure occurred, which varies by state.
It is important to work with an experienced mesothelioma attorney who can help build a strong case and maximize compensation.
Mesothelioma Payouts Available
There are various mesothelioma payouts available, including:
| Payout Type | Description |
|---|---|
| Asbestos Trust Funds | Many companies that manufactured asbestos-containing products have set up trust funds to compensate those affected by the mineral. These trusts have billions of dollars set aside to compensate victims. |
| Lawsuit Settlements | Settlements are negotiated between plaintiffs and defendants, typically before a trial has begun. Settlement amounts vary depending on the specifics of each case but can be substantial. |
| Jury Awards | A jury may award an individual a sum of money after a trial has concluded. The award amount depends on the extent of damages, including medical expenses, lost wages, and emotional distress. |
| Veterans Benefits | Mesothelioma is prevalent among veterans who were exposed to asbestos during their military service. Veterans who were exposed to asbestos and have been diagnosed with mesothelioma may be eligible for VA benefits. |
Mesothelioma Payouts in 2016
In 2016, there were several mesothelioma cases that resulted in substantial payouts for victims and their families. These cases include:
Case 1: $81.5 Million Verdict
In one case, a California man was awarded $81.5 million in damages after he claimed that he developed mesothelioma as a result of using Johnson & Johnson’s Baby Powder. The lawsuit alleged that the talc in the powder was contaminated with asbestos.
Case 2: $30 Million Verdict
In another case, a mesothelioma victim was awarded $30 million in damages after claiming that he was exposed to asbestos in various industrial settings. The lawsuit was filed against Honeywell International Inc., a company that manufactured asbestos-containing products.
Case 3: $10.2 Million Settlement
Another mesothelioma case resulted in a $10.2 million settlement for the plaintiff. The victim was a Navy veteran who was exposed to asbestos while serving on a submarine. The lawsuit was filed against several companies that supplied asbestos-containing products to the Navy.
FAQs
1. What is mesothelioma?
Mesothelioma is a rare and aggressive form of cancer that is caused by exposure to asbestos. The disease affects the lining of the lungs, heart, or abdomen.
2. Who can file a mesothelioma claim?
Victims of mesothelioma and their loved ones can file a claim if they can prove that the victim’s mesothelioma was caused by asbestos exposure.
3. What types of mesothelioma payouts are available?
There are various mesothelioma payouts available, including asbestos trust funds, lawsuit settlements, jury awards, and veterans benefits.
4. How much compensation can mesothelioma victims receive?
The amount of compensation received depends on various factors, including the severity of the illness, the extent of the damages and the defendant’s assets.
5. How long does it take to receive mesothelioma compensation?
The timeline for receiving mesothelioma compensation varies for each case. Some cases can be resolved within months, while others may take years.
6. What is an asbestos trust fund?
An asbestos trust fund is a fund set up by a company that manufactured asbestos-containing products to compensate victims who were harmed by the mineral.
7. How can an attorney help with a mesothelioma claim?
An experienced mesothelioma attorney can help victims and their families navigate the legal process, gather evidence to prove their case, and negotiate with defendants to maximize compensation.
8. What are the symptoms of mesothelioma?
The symptoms of mesothelioma include chest pain, coughing, shortness of breath, fatigue, and weight loss.
9. What industries are most at risk for mesothelioma?
Industries that are most at risk for mesothelioma include construction, shipbuilding, automobile manufacturing, and asbestos mining.
10. How is mesothelioma diagnosed?
Mesothelioma is diagnosed through a combination of imaging tests, biopsies, and blood tests.
11. Is there a cure for mesothelioma?
There is currently no cure for mesothelioma, but treatment options are available to manage symptoms and improve quality of life.
12. What is the statute of limitations for filing a mesothelioma claim?
The statute of limitations for filing a mesothelioma claim varies by state, but it is typically between one and three years from the date of diagnosis.
13. How can I find a mesothelioma attorney?
You can find an experienced mesothelioma attorney through referrals from friends and family or by researching online.
Conclusion
Mesothelioma payouts can provide financial relief to victims and their loved ones, but the legal process can be complex. If you or a loved one has been diagnosed with mesothelioma, it is crucial to work with an experienced attorney to navigate the legal system and maximize compensation. Remember, there is no cure for mesothelioma, but legal compensation can help ease the financial burden that comes along with this devastating diagnosis.
Thank you for taking the time to read our guide on mesothelioma payout 2016. We hope this article has been informative and helpful. If you have any questions or would like to learn more, don’t hesitate to contact us.
Disclaimer
The information included in this article is for informational purposes only and is not intended to be legal advice. If you or a loved one has been diagnosed with mesothelioma, it is important to seek the advice of an experienced attorney who can provide legal guidance tailored to your specific situation. While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the article or the information, products, services, or related graphics contained in the article for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
