Dow Corning settlement
This article was originally published in The Gray Sheet
Executive Summary
Nevada breast implant claimants drop suit against parent company Dow Chemical March 19, clearing the way for Dow Corning to complete bankruptcy proceedings. Administrators of the firm's $2.35 bil. silicone gel-filled breast implant liability settlement fund will begin processing claims, releasing checks to claimants by June 15. Dow Corning filed for bankruptcy in 1995. In 2002, a previous obstacle to the payments was removed via settlement with the government - providing $9.8 mil. to cover Medicare claims of women treated for alleged implant-related illnesses (1"The Gray Sheet" Sept. 30, 2002, In Brief)...
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Nevada breast implant claimants drop suit against parent company Dow Chemical March 19, clearing the way for Dow Corning to complete bankruptcy proceedings. Administrators of the firm's $2.35 bil. silicone gel-filled breast implant liability settlement fund will begin processing claims, releasing checks to claimants by June 15. Dow Corning filed for bankruptcy in 1995. In 2002, a previous obstacle to the payments was removed via settlement with the government - providing $9.8 mil. to cover Medicare claims of women treated for alleged implant-related illnesses (1 'The Gray Sheet' Sept. 30, 2002, In Brief).... |