CLAIMANTS' ADVISORY COMMITTEE E-NEWSLETTER
Dow Corning Bankruptcy Settlement
Volume 11, No. 1, January 2, 2014
Contact the CAC at: firstname.lastname@example.org or
phone: (419) 394-0717
fax: (419) 394-1748
Sybil Niden Goldrich
Ernest Hornsby, Esq
Dianna Pendleton-Dominguez, Esq.
This is the 106th e-newsletter (Vol. 11, No. 1) from the Claimants' Advisory Committee (CAC) in the Dow Corning bankruptcy Settlement Plan. You were sent a copy of the newsletter because our records show that you requested to be on the mailing list. If you wish to unsubscribe, click here or to reply to this newsletter, send an email to: email@example.com. Please do not hit "Reply" to this email address.
DISTRICT COURT ISSUES ORDER APPROVING
PARTIAL PREMIUM PAYMENTS FOR CERTAIN
APPROVED RUPTURE AND DISEASE CLAIMS
We are happy to report that the District Court issued an Opinion and Order on December 31, 2013 approving the Finance Committee's motion to make Partial Premium Payments on approved Rupture and Disease Claims in Classes 5, 6.1 and 6.2 (women who have or had a Dow Corning Breast Implant). The full text of the Opinion and Order will be available on the CAC's website (www.tortcomm.org) as quickly as we can place it there. The Opinion and Order approves a 50% Premium Payment. Please note that Premium Payments are only available to women who have or had a Dow Corning breast implant and whose Rupture and/or Disease claim was approved as of the date listed in the motion. Certain groups of claimants are not eligible for a Premium Payment, i.e., Class 7 – the Silicone Gel Claimants' Fund.
Please remember that this is not a final order. It is almost certain that Dow Corning will appeal the Order to the United States District Court for the 6th Circuit. This means that Premium Payments will NOT be paid while the issue is before the Court of Appeals. We do not know how long an appeal might take, but a reasonable estimate is 9-12 months. We will post more information as it becomes available.
Please mark your calendar with the following claim submission deadlines. Please note that these deadlines mean that your claim forms and materials must be received by the SF-DCT by the posted deadline. Please mail all forms early enough so that they are received by the deadline listed below.
Type of Deadline
June 2, 2014
Explant Claims submission deadline for timely filed claimants in Classes 5, 6.1 and 6.2 (NOTE: this deadline does NOT apply to NOI claimants or Late Claimants)
June 3, 2019
Disease or Expedited Release Claim submission deadline for all claims in Classes 5, 6.1 and 6.2 (this deadline does NOT apply to Late Claimants)
If you would like to read prior CAC e-newsletters, they are available on the CAC website by clicking on "Electronic Newsletter." We urge you to visit the CAC website (www.tortcomm.org) on a regular basis to download or view relevant documents and read updates and new information. To contact the CAC, send an email to: firstname.lastname@example.org or send a letter to the Post Office Box address for the CAC at:
Claimants' Advisory Committee
P.O. Box 665
St. Marys, Ohio 45885
Phone Number: (419) 394-0717
Fax Number: (419) 394-1748
NOTICE: This document is copyrighted. You are not authorized to post it on any website without express, prior written permission of the Claimants' Advisory Committee.