This week the federal dockets were full of opinions, orders, and lawsuits concerning retired NFL players in both the disability and concussion settlement spheres as well as cases concerning other athletes. We’ll try to recap as many as possible over the weekend so check back in when you can. The first story details an order …
Tag: litigation funders
Jun 08 2019
Permanent link to this article: http://advocacyforfairnessinsports.org/2019/06/08/busy-docket-week/
Retired NFL players and their families may soon be asking “What happened?” when settlement funders start playing hardball to collect on their “loans” to players in amounts double or more the initial advance due to accrued interest.
Permanent link to this article: http://advocacyforfairnessinsports.org/nfl-concussion-settlement/third-circuit-reversal-of-nfl-concussion-settlement-funding-advances-has-an-interesting-backstory/
While the NFL Concussion Settlement is fund for payment of claims to for compensation of former player suffering from neurocognitive impairment, the fund for class counsel compensation is not. While the NFL is acutely aware of what it’s spending, and fighting claims with a fury, Co-Lead Class Counsel Chris Seeger seems to take no issue with spending with abandon. In a motion filed Thursday, attorney Lance Lubel asks the court to deny Seeger’s most recent fee petition and put him on a budget before there’s no money left.
Permanent link to this article: http://advocacyforfairnessinsports.org/nfl-concussion-settlement/did-seeger-break-the-nfl-concussion-settlement-bank/