Posted inSettlements

Trust Fund Snuffed in MS

A group of medical professionals in blue scrubs and white lab coats walk down a bright, white hospital corridor. They are heading towards a room or another section of the hospital, with their backs facing the camera.
Healthcare focus

A 25-year-old case is emerging from the filing cabinet as a point of interest for Mississippians. In 1997, Mike Moore, who served as the state’s Attorney General at that time, announced a national settlement against the tobacco companies. The lawsuit placed restrictions on cigarette advertising to the nation’s youth and allowed funding opportunities for the campaign against tobacco use. Although the impact of the settlement is significant, with the percentage of youth smoking decreasing from 27% to 4% and adult smoking reducing from 30% to 12%, there is a growing problem with the failure to maintain a trust fund in Mississippi.

2 minutes
Posted inSettlements

General Motors Switching to a Safer Future

Close-up of a car dashboard showing analog speedometer and fuel gauge. The speedometer is marked in kilometers per hour, with the needle pointing between 40 and 60. The fuel gauge indicates a low fuel level. The background is dimly lit.
The long road to a settlement

The General Motors defect lawsuit, which was initiated four years ago, is reaching an inevitable settlement with the assistance of the General Unsecured Creditors Trust. The independent trust is handling the company’s bankruptcy, filed in 2009, and is now facilitating the settlement with GM customers. The automotive company exhibited deceptive tactics to hide flaws in the ignition switch and side airbags. There was a direct correlation between the defects and the many claims of car crashes and deaths. Currently, the parties involved in the lawsuit are calculating a resolution.

2 minutes