Lawsuit loan company restarts funding on YDC sex abuse cases
effective immediately, despite the state of New Hampshire challenging the legality of the
landmark verdict.
CONCORD,
N.H., July 8, 2024 /PRNewswire/ -- Legal-Bay,
The Pre Settlement Funding Company, announced today that the
landmark $38MM verdict against the New Hampshire Youth Detention
Center (YDC) is most likely headed back to the courts on appeal. A
jury initially awarded the damages to lead plaintiff David Meehan for the sexual abuse violations he
endured at YDC in the 1990s.
Parties are due back in court on July
15 to file additional motions and make oral arguments.
However, based on the state's unwillingness to accept the judge's
proposal, the most likely scenario is a retrial. For victims
of sexual abuse, having to go through a retrial forces them to
relive their trauma all over again.
At stake for the state and its taxpayers is a large award that
could be paid out from state coffers.
Possible appeals could throw the entire class of claimants in
jeopardy if they do not opt into the settlement. A positive for
opt-ins is a new bill signed into law by New Hampshire Governor Chris Sununu just last month which will increase
the awards, offering larger compensation to the plaintiffs. The
bill adds $60MM to the settlement fund while also extending the
deadline for victims to file suit against their abusers.
Chris Janish, CEO of Legal Bay,
had this to say, "Legal-Bay was the first funding company to
support victims of the YDC sex abuse litigation, and with the news
of increased state legislative aid coming for opt-in clients only,
we are initiating our YDC sexual abuse funding again
immediately. Due to our close relationship with the entire
class, we are refraining from further comment on the direction of
the litigation at this time, but can state unequivocally that we
continue to support all victims and their pursuit of justice."
If you're a lawyer or plaintiff involved in an active sexual
abuse lawsuit of any kind and need an immediate cash advance
against an impending lawsuit settlement, please visit
Legal-Bay HERE or call toll-free at
877.571.0405.
Legal-Bay reports that the New Hampshire YDC litigation has
approximately 1500 cases filed to date. When Legal-Bay began
funding early on—when no other company would—there were just eight
plaintiffs. The company says the other victims have
David Meehan and Rus Rilee to thank
for their courage to take on the state in what has become one of
the most egregious criminal and civil violations of children's
rights in U.S. History.
It doesn't end there, though, as YDC is not an isolated
problem. Litigations all over the country are emerging, and
the psychological damage inflicted upon so many is beyond what
normal society can even comprehend. Legal-Bay is at the forefront
of each and every one of these litigations, doing their best to
support the victims to get their lives back in order and help them
receive justice. And it isn't only about the money for Legal-Bay;
it is about the compassion to believe plaintiffs when they relay
their accounts about what happened to them, to let them know that
someone is in their corner.
Legal Bay's loan for settlement funding programs are designed to
provide immediate cash in advance of a plaintiff's anticipated
monetary award. While it's common to refer to these legal funding
requests as settlement loans, loans for settlements, lawsuit loans,
loans for lawsuits, etc., the "lawsuit loan" funds are, in fact,
non-recourse. That means there's no risk when it comes to loans in
lawsuit settlements because there is no obligation to repay the
money if the recipient loses their case. Therefore, terms like
settlement loan, loans for lawsuit, loans on settlement, or lawsuit
loan funds don't necessarily apply, as the "loan on lawsuit" isn't
really a loan at all, but rather a stress-free cash advance.
Legal-Bay is known to many as the best legal funding company in
the nation when it comes to sexual abuse funding, and one of the
best lawsuit loan companies overall for their knowledgeable staff,
low rates, and quick turnaround, sometimes within 24-48 hours once
all documents have been received.
To apply right now for a loan settlement program, please visit
the company's website HERE or call toll-free at:
877.571.0405 where agents are standing by to answer any
questions.
Contact:
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Chris Janish,
CEO
|
|
Email:
info@Legal-Bay.com
|
|
Ph.:
877.571.0405
|
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Website:
www.Legal-Bay.com
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SOURCE Legal-Bay, LLC