$10.5 Million to Woman Severely Injured in 2005 Vehicle Collision

January 5, 2012 14:08 by TakeDaRisk



Do you have a structured settlement? The structured settlement cash now guide can help you get a cash payment quote. Find out how to - Cash In a Structured Settlement.

> Free Consultation - Get structured settlement help regarding selling your annuity future payments. HAVE A Structured Settlement Purchaser Factoring Representative Contact YOU, this site will forward your questions & requests to an established finance representative/company.

The crash that almost killed Linda Magyary was violent. Now, 6 1/2 years after Linda Magyary's vehicle was hit by a DHL package delivery truck driven by DHL driver Susan McKinley, Ms. Magyary finally received justice in the form of a settlement agreement under which defendants DHL Express, Consolidated Deliveries & Logistics and other defendants have agreed to pay the plaintiff $10,500,000. On the morning of May 23, 2005, Ms. Magyary's car was struck by Susan McKinley's package delivery truck in Lancaster, California. Ms. McKinley ran a red light while travelling over 50 mph and struck the front-passenger side of Magyary's car while Magyary was waiting to make a left turn.
 
Ms. Magyary was trapped in her car for 10-15 minutes before she was extricated and airlifted to the hospital. She lost consciousness and remained in a coma for several days after the crash. She was initially hospitalized for over two weeks and then went between the hospital and a skilled nursing facility for another month. Eventually, Ms. Magyary was discharged to intensive home health care, living assistance and physical therapy. At the time of the crash, the defendant McKinley was in a DHL uniform driving her delivery truck that was used to deliver DHL packages.
 
The investigating Sheriff's Deputy who accompanied McKinley to the hospital after the crash testified that McKinley admitted to smoking marijuana the morning of the crash. At the time of the crash, Ms. McKinley was on her way to the "CD&L" station in Lancaster, California, where all DHL packages that either went to or left the Antelope Valley were sorted and processed for delivery.
Categories: Injury Settlement Stories | Lawsuits | Structured Settlement Cash Now

Be the first to rate this post

  • Currently 0/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
Post RSSRSS comment feed | E-mail | Kick it! | DZone it! | del.icio.us
Go back to Cash in structured settlement blog main page
  http://www.http://www.cashinstructuredsettlement.com
5. January 2012 14:08 by TakeDaRisk | Permalink

Montana Jury Awards $2M in Injury Lawsuit Against Railroad

December 11, 2011 14:10 by TakeDaRisk



Do you have a structured settlement? The structured settlement cash now guide can help you get a cash payment quote. Find out how to - Cash In a Structured Settlement.

> Free Consultation - Get structured settlement help regarding selling your annuity future payments. HAVE A Structured Settlement Purchaser Factoring Representative Contact YOU, this site will forward your questions & requests to an established finance representative/company.

A jury has awarded a Burlington Northern Santa Fe Railway employee $2 million in a lawsuit over a 2001 back injury that required surgery and causes chronic pain. The jury returned the verdict Friday after a trial before District Judge Gregory Todd.

Attorney Russell Yerger says Chad Silliker was working in Whitefish in September 2001 when he tripped on a radio handset cord and fell down three steps. Silliker sued BNSF in 2007. Before trial, Todd ruled the railroad could not argue that Silliker contributed to his injury because a trainmaster inadvertently threw away the handset in the years between the injury and when the lawsuit was filed.
Categories: Injury Settlement Stories | Lawsuits | Structured Settlement Cash Now

Be the first to rate this post

  • Currently 0/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
Post RSSRSS comment feed | E-mail | Kick it! | DZone it! | del.icio.us
Go back to Cash in structured settlement blog main page
  http://www.http://www.cashinstructuredsettlement.com
11. December 2011 14:10 by TakeDaRisk | Permalink

$3.2 million to plaintiff as law firm today announced that a wrongful death settlement was reached last week

October 21, 2011 09:17 by TakeDaRisk



Do you have a structured settlement? The structured settlement cash now guide can help you get a cash payment quote. Find out how to - Cash In a Structured Settlement.

> Free Consultation - Get structured settlement help regarding selling your annuity future payments. HAVE A Structured Settlement Purchaser Factoring Representative Contact YOU, this site will forward your questions & requests to an established finance representative/company.

A law firm today announced that a wrongful death settlement was reached last week, awarding $3.2 million to plaintiff Na Zhang in a lawsuit previously filed in Riverside County Superior Court . The settlement stems from an incident that occurred in the early morning hours of October 19, 2009, when the plaintiff’s husband, Tangyuan Cao, 33, was stopped in the number one lane of westbound State Route 60, near Country Village Rd, in Riverside County, CA.  Cao’s disabled vehicle was struck from behind at approximately 100 MPH by the defendant’s company-provided pickup truck. As a result of the impact, Cao suffered multiple blunt force injuries and died at the scene of the collision.

According to the lawsuit, moments before the collision, other motorists and witnesses were able to take appropriate evasive action to avoid colliding with Cao’s disabled vehicle. The California Highway Patrol officer investigating the collision found the driver of the pickup truck that struck Cao’s vehicle to be the primary cause of the collision, and noted his violation of California Vehicle Code Section 22350, which states: “No person shall drive a vehicle upon a highway at a speed greater than is reasonable or prudent having due regard for weather, visibility, the traffic on, and the surface and width of, the highway, and in no event at a speed which endangers the safety of persons or property.”  
Categories: Injury Settlement Stories | Lawsuits | Structured Settlement Cash Now

Be the first to rate this post

  • Currently 0/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
Post RSSRSS comment feed | E-mail | Kick it! | DZone it! | del.icio.us
Go back to Cash in structured settlement blog main page
  http://www.http://www.cashinstructuredsettlement.com
21. October 2011 09:17 by TakeDaRisk | Permalink

Structured Settlement Future Payment Selling / Factoring Discount Rate

June 19, 2011 13:30 by TakeDaRisk



Do you have a structured settlement? The structured settlement cash now guide can help you get a cash payment quote. Find out how to - Cash In a Structured Settlement.

> Free Consultation - Get structured settlement help regarding selling your annuity future payments. HAVE A Structured Settlement Purchaser Factoring Representative Contact YOU, this site will forward your questions & requests to an established finance representative/company.

Discount Rate

In the beginning, the factoring industry had some relatively high discount rates due to heavy expenses caused by costly litigation battles and limited access to traditional investors. However, once state and federal legislation was enacted, the industry’s interest rates decreased dramatically. There is much confusion with the terminology “discount rate” because the term is used in different ways. The discount rate referred to in a factoring transaction is similar to an interest rate associated with home loans, credit cards and car loans where the interest rate is applied to the payment stream itself. In a factoring transaction, the factoring company knows the payment stream they are going to purchase and applies an interest rate to the payment stream itself and solves for the funding amount, as though it was a loan.

Discount rates from factoring companies to consumers can range anywhere between under 8% up to over 18% but usually average somewhere in the middle (link to a discount rate calculator can be found here). Factoring discount rates can be a bit higher when compared to home loan interest rates, due to the fact the factoring transactions are more of a boutique product for investors opposed to the mainstream collateralized mortgage transactions.

Tags: , , ,
Categories: General | Investment Options | Laws | Structured Settlement Cash Now

Currently rated 4.0 by 2 people

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
Post RSSRSS comment feed | E-mail | Kick it! | DZone it! | del.icio.us
Go back to Cash in structured settlement blog main page
  http://www.http://www.cashinstructuredsettlement.com
19. June 2011 13:30 by TakeDaRisk | Permalink

Resort Casino settles personal injury suit over lost leg for $2.9 million

August 10, 2009 14:29 by TakeDaRisk



Do you have a structured settlement? The structured settlement cash now guide can help you get a cash payment quote. Find out how to - Cash In a Structured Settlement.

> Free Consultation - Get structured settlement help regarding selling your annuity future payments. HAVE A Structured Settlement Purchaser Factoring Representative Contact YOU, this site will forward your questions & requests to an established finance representative/company.

Mashantucket Pequot Gaming Enterprises, which operates Foxwoods, had agreed to pay the 68-year-old Murch $2.9 million in actual damages and for the pain and suffering he endured following the November 2006 valet-parking accident that caused him to have his right leg amputated above the knee.

The driver of the standard-transmission vehicle that struck Murch, which had been parked two to three car lengths behind Murch's car, had left it in first gear without engaging the parking brake. While standing outside the vehicle, a valet reached in and started the engine. The vehicle shot forward.

”… It appears Rich (Murch) was initially crushed between the two vehicles, and the force of the collision propelled Rich's car forward,” court documents say. “The (other vehicle) continued forward and knocked Rich down.”

A valet had to get into the vehicle and restart it to get it off Murch's legs, the suit says.

Under the agreement reached Thursday, MPGE and its insurance company, Liberty Mutual, will pay Murch $2,925,000. The company that insured the owner of the vehicle that struck Murch will pay $100,000, bringing the total settlement to $3,025,000.

Read more at
http://www.theday.com/re.aspx?re=bf6efce8-ae27-409a-8aac-0632d8c7dab1

Categories: Injury Settlement Stories | Lawsuits | Structured Settlement Cash Now

Currently rated 4.0 by 1 people

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
Post RSSRSS comment feed | E-mail | Kick it! | DZone it! | del.icio.us
Go back to Cash in structured settlement blog main page
  http://www.http://www.cashinstructuredsettlement.com
10. August 2009 14:29 by TakeDaRisk | Permalink

Cash Now

Do you own a structured settlement?  This web site is to help settlement owners understand cash now options.  This structured settlement cash now guide is a resource for answers and questions. Get information on how to sell and get cash for your structured settlement by reading and posting n this blog. You may be able to trade your future structured settlement payments for cash now. If your settlement qualifies then getting "cash now" takes 30-90 days on average.

Need Cash For Your Injury Settlement?
Peachtree - Peachtree can help you get cash now if you own an annuity or structured settlement, visit Peachtree website for a free Peachtree quote.

Blog Directory
Technorati Profile
Add to Technorati Favorites
World Blog Directory
lawyer blogs

Recent Comments

Comment RSS

Calendar

<<  February 2012  >>
MoTuWeThFrSaSu
303112345
6789101112
13141516171819
20212223242526
2728291234
567891011

View posts in large calendar