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Wednesday, February 19, 2025

Texas court to decide talc litigation settlement backed by 'overwhelming numbers' of claimants

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Gerard Scimeca, Consumer Action for a Strong Economy | Consumer Action for a Strong Economy

Gerard Scimeca, Consumer Action for a Strong Economy | Consumer Action for a Strong Economy

Gerard Scimeca, chairman of a consumer advocacy group, said that "overwhelming numbers" of claimants have voted to approve a settlement in the long-running talc litigation, which is set to be decided in a Texas court. He made the statement to the DC Journal on February 7.

"Best path forward is a generous and equitable settlement proposal," said Scimeca. "A fair, secure and timely path to recovery. Claimants remain eager for approval of this plan."

The Texas settlement plan has received strong support, with 83% of the 93,500 claimants voting in favor, signaling broad approval. The plan guarantees $9 billion in compensation over 25 years, providing financial security and predictability for claimants. Without the settlement, litigation could drag on for decades, delaying justice and potentially preventing elderly claimants from finding closure in their lifetimes.

According to the Houston Republic, a new legal framework in Texas aims to revolutionize mass tort litigation by ensuring faster resolutions for victims while preventing frivolous claims and protecting against exploitation. Patrick Brenner, president of the Southwest Public Policy Institute, described the "innovative Texas solution" as a blend of "corporate restructuring under state law with Chapter 11 proceedings in federal bankruptcy court," offering distinct advantages.

Settling mass tort litigation allows plaintiffs to receive guaranteed compensation sooner, avoiding the uncertainties and delays of prolonged trials. Trials not only extend the litigation process but also risk exposing victims' private matters. By opting for a settlement, plaintiffs can secure timely financial relief and maintain greater control over their personal information, according to Wettermark Keith.

According to CASE's website, Scimeca is a political strategist, media analyst, and legal expert. He has managed successful campaigns, produced media content, and written on free-market issues. A frequent media commentator, he holds degrees from Notre Dame and Catholic University Columbus School of Law (cum laude).

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