WASHINGTON, Oct. 20, 2014 /PRNewswire/ — The Mesothelioma Compensation Center has been hearing from full-time mesothelioma compensation attorneys nationwide for about a year related to how much longer the mesothelioma compensation trusts will remain properly funded and is commenting on a recent article from the Huffington Post. The group discusses how the loss of funds may not impact current diagnosed victims of mesothelioma and their possible compensation, but could have a dramatic impact on mesothelioma compensation in the not so distant future. http://MesotheliomaCompensationCenter.Com
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The Mesothelioma Compensation Center is extremely dedicated to making certain diagnosed victims of this malignant form of cancer have instant access to the nation's most skilled mesothelioma compensation lawyers. They believe there is a direct correlation between the skill of the attorney who advances the compensation claim on behalf of a diagnosed victim and the compensation claim amount a diagnosed victim might receive.
"However, there may be a new problem for diagnosed victims receiving the best possible compensation in the next five to ten years," says the Mesothelioma Compensation Center. "The compensation trusts that frequently fund these compensation settlements could run out of money, as chronicled in a Huffington Post news article in September of 2014 titled, High-Profile Asbestos Cases Leave Judges Pondering Trust."
According to the article, "America's longest-running personal injury litigation arena is approaching full disruption, with high-profile cases and finger-pointing on issues ranging from concealing evidence to judges in the nation's largest trial court feeling "sad" at the disrespect shown by lawyers.
"With 'mesothelioma,' an asbestos-related cancer already the most expensive Google search keyword, the litigation is evolving as a national issue. The claims help thousands of victims every year but have also helped send about 100 companies (and counting) into bankruptcy. Those bankrupt entities have created dozens of trusts to meet their liability, in effect creating a second compensation system that operates separately from the courts.
"Citing trust information research, the court ruled that the nearly $1.3 billion that plaintiffs felt should be set aside for mesothelioma victims was closer to $125 million."
For attribution purposes please refer to:
http://www.huffingtonpost.com/sara-warner/highprofile-asbestos-case_b_5836096.html
Information About Mesothelioma From The Mesothelioma Compensation Center For Diagnosed Victims And Their Families:
According to the CDC the states indicated with the highest incidence of mesothelioma include Maine, Massachusetts, Connecticut, Maryland, New Jersey, Pennsylvania, Ohio, West Virginia, Virginia, Michigan, Illinois, Minnesota, Louisiana, Washington, and Oregon. However, based on the calls the Mesothelioma Compensation Center receives a diagnosed victim of mesothelioma could live in any state including California, New York, Florida, Texas, Illinois, Ohio, Iowa, Indiana, Missouri, North Carolina, Kentucky, Tennessee, Georgia, Alabama, Missouri, Oklahoma, Arkansas, Kansas, Nebraska, North Dakota, Wyoming, Colorado, New Mexico, Utah, Arizona, Idaho, or Alaska.
For a up to date map from the CDC showing the states with the highest incidence of mesothelioma please refer to their web site on this topic. http://www2.cdc.gov/drds/worldreportdata/figuretabledetailsarchive.asp?FigureTableID=139&GroupRefNumber=F07-02
US Navy Veterans account for a significant portion of all diagnosed victims of mesothelioma each year. According to the US Centers for Disease Control the average age for a diagnosed victim of mesothelioma is 72 years old. Each year between 2500, and 3000 US citizens will be diagnosed with mesothelioma. Mesothelioma is attributable to exposure to asbestos.
The Mesothelioma Compensation Center says, "If you call us at 866-714-6466, we will see to it that you have on the spot access to the nation's most skilled mesothelioma attorneys, because these incredibly skilled legal experts consistently get the best financial compensation results for their clients on a nationwide basis." The Mesothelioma Compensation Center is urging diagnosed victims of mesothelioma, or their family members to call them first before hiring a lawyer, or a law firm to advance a mesothelioma compensation claim. http://MesotheliomaCompensationCenter.Com
High risk groups for exposure to asbestos include the US Navy Veterans, power plant workers, shipyard workers, oil refinery workers, manufacturing, or industrial workers, plumbers, electricians, auto mechanics, machinists, or construction workers. Typically the exposure to asbestos occurred in the 1950's, 1960's, 1970's, or 1980's.
For more information about mesothelioma please refer to the National Institutes of Health's web site related to this rare form of cancer: http://www.nlm.nih.gov/medlineplus/mesothelioma.html
Media Contact:
M. Thomas Martin
866-714-6466