Blog Post
Financing on Route 91 Harvest Festival Shooting Settlement Awards & Fees
Apr 28, 2020
Balanced Bridge Funding can provide an advance to plaintiffs with settlement awards from the MGM Resorts International (MGM) mass shooting settlement.
According to news reports, this lawsuit was finally settled in 2019 and plaintiffs are set to receive between $730 million and $800 million. MGM released a statement
about settlement stating their goal was to resolve this matter and provide fair compensation to the victims and their families. In their statement, it says the settlement funds will come from the company’s insurers and the agreement to this settlement will dismiss all pending litigation against MGM and additional parties named in the litigation. According to MGM, the settlement is not an admission of guilt.
The October 2017 mass shooting
committed by Stephen Craig Paddock claimed close to 60 lives and injured over 500 people. That act, which shook the entire nation, took place on an MGM owned hotel property. The lone gunman used a stash of high-powered guns from the 32nd floor of the hotel, shooting down into a crowded music festival.
The shooting took place during the Route 91 Harvest Festival, which is a country music oriented event. Paddock committed suicide in the room after the shooting. Authorities found the gunman dead with an arsenal of guns and notes on trajectory and distance when shooting. Years later, the motivation for such a heinous act is unclear. Reports from law enforcement detailed a timeline for Paddock, including the purchase of a stockpile of guns, his increased gambling leading up to that fateful day, and his choice of hotel room a week before the shooting.
When litigation against the responsible parties commenced, feelings were raw, and statements made from both sides were acrimonious and contentious. Paddock used his 32nd floor room in the Mandalay Bay Resort as his perch to shoot into the crowded festival. The hotel is owned by MGM, so the plaintiffs and their attorneys went after all parties involved. MGM sued
the victims because they did not believe they were liable. They based their premise on the theory that the SAFE act would absolve them. That act was passed by Congress in 2002 to protect certain manufacturers from being sued if their products were used in terrorist attacks. At one point, MGM stated instead of plaintiffs suing for compensation and wasting money, they would donate
to charities the plaintiffs designate. That offer was soundly rejected.
For plaintiffs who have Route 91 Festival Shooting settlement awards and are interested in receiving a portion of the award upfront, Balanced Bridge Funding can provide a post-settlement award advance. In addition, plaintiffs’ attorneys who are interested in receiving a portion of their attorney fees
from this settlement and others can contact Balanced Bridge. Interested parties can fill out an application here or send an email to info@balancedbridge.com. They can also call us at 267-457-4540
to find out more information about how our settlement award and fee process works.
The plaintiffs and the estate of Jeffrey Epstein have reached a settlement to provide compensation for the treatment they claim they suffered at the hands of the deceased Epstein. A federal judge in the Virgin Islands approved the settlement.
Universal Health Systems (UHS) agreed to pay $117 million to settle allegations of overbilling. Whistleblowers who were part of the investigation are to receive over $15 million for their part in exposing UHS.
Balanced Bridge can offer funding to plaintiffs’ and plaintiffs’ attorneys involved in settled cases against Harvey Weinstein and The Weinstein company. We can provide funding on the fees owed to the attorneys and on the awards the plaintiffs will receive . Once you know the amount you are to receive from the settlement, Balanced Bridge can provide an upfront portion of the amount due for you to use at your discretion. Harvey Weinstein was a famous producer in Hollywood. Many of the movies he was associated with are considered classics and some examples of great filmmaking. However, in recent years his reputation and livelihood were tarnished due to his alleged behavior he was accused of. The last few years, Weinstein’s fall from grace includes charges of sexual harassment, sexual abuse, rape against multiples of women. Many of the accusers are women he allegedly tried to give acting jobs too, high profile actresses, and even some assistants. Arguably, the start of his decline began with a recorded interaction between Weinstein and a lesser known actress that was everywhere. From there the floodgates seemed to open with accusations piling up and stories about his alleged behavior all over the news. Recently, a federal judge threw out a $25 million settlement agreement between the plaintiffs’ and Bob Weinstein. According to news stories about the judge’s action, he called the agreement obnoxious because it covered the legal fees for Weinstein and his brother Bob and other board members of the company. In addition, it was reported the agreement did not include him taking responsibility for his actions. The Hollywood Reporter published a story about the details of the collapse. The settlement would have created a compensation fund for the victims for over 30 accusers and any future claimants. It would also have settled all the lawsuits against Weinstein and his company. However, The Weinstein Company is now in bankruptcy and that could complicate matters when it comes to reaching a settlement. The Wall Street Journal reported bankruptcy attorneys are trying to salvage the settlement. There is a lot of financial uncertainty, and creditors will be fighting amongst themselves to determine who gets paid first. Weinstein is currently in a New York state prison serving over 20 years after being found guilty of rape. He is due to face similar allegations in a California court. Balanced Bridge Funding has experience providing funding to plaintiffs with sexual abuse cases ., as well as to the attorneys representing them. For more information, please call one of our legal finance specialists at 267-457-4540, or fill out our quick form application .
This blog post highlights 3 techniques that real estate agents and brokers can use when dealing with angry, irrational clients.
There appears to be some light at the end of the tunnel to the litigation involving Roundup. Numerous news outlets have reported the close to $11 billion settlement Bayer AG reached with plaintiffs over legal claims against the drug.
Balanced Bridge Has Been Seen On:
