CLAIMANTS' ADVISORY COMMITTEE E-NEWSLETTER

Dow Corning Bankruptcy Settlement

Volume 11, No. 1, January 2, 2014

Contact the CAC at: info@tortcomm.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: info@tortcomm.org. Please do not hit "Reply" to this email address.

To contact the CAC, use the email address: info@tortcomm.org or dpend440@aol.com. You can also contact the CAC directly at 419-394-0717.

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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.

 

 

 

DEADLINE REMINDERS

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.

Deadline Date

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: info@tortcomm.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

Email: info@tortcomm.org

 

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.