New York lawyers representing plaintiffs in breast implant litigation gave no more than a lukewarm endorsement to a $3.2 billion settlement plan currently under review by U.S. Bankruptcy Judge Arthur J. Spector in Bay City, Mich. The plan has already been accepted by a 6-2 vote of the tort claimants' committee appointed by Judge Spector, and an overwhelming majority of the Dow Corning claimants have voted to approve the plan. So why are the Gotham litigators underwhelmed?
June 30, 1999 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
New York lawyers representing plaintiffs in breast implant litigation gave no more than a lukewarm endorsement to a $3.2 billion settlement plan currently under review by a bankruptcy judge in Bay City, Mich.
U.S. Bankruptcy Judge Arthur J. Spector began a hearing Monday to weigh the fairness of a plan formulated by Dow Corning Corporation, the dominant maker of silicone breast implants. The hearing is expected to proceed, with interruptions, until the end of July.
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