U.S. District Court Judge Cynthia M. Rufe of the Eastern District of Pennsylvania approved the Avandia MDL attorney fees, which amount to approximately $144 million. Fifty-eight law firms are potentially going to divide the proceeds, with about six set to receive over $10 million.
According to news reports, a 7 percent assessment was added to all Avandia MDL claims, and many of the attorneys reported costs that range between $750,000 and $1 million. Some of the law firms set to receive the largest fees include Andrus, Hood, & Wagstaff of Denver, Wagstaff & Cartmell of Kansas City, and Aylstock, Witkin, Kreis, & Overholtz of Pensacola.
If you are a plaintiff’s attorney waiting on slow-paying Avandia legal fees, RD Legal Funding can accelerate payment via our Fee Acceleration post-settlement funding program. We purchase your unpaid legal fees at a discount, providing you with capital almost immediately. To learn more, call Joseph Genovesi at 1-800-565-5177.