THIS PAGE IS RESERVED FOR OUR CLIENTS. IF YOU ARE NOT A CLIENT, YOU ARE NOT PERMITTED TO REVIEW THIS INFORMATION. THIS INFORMATION IS CONFIDENTIAL CLIENT INFORMATION. THIS INFORMATION MAY NOT BE DISSEMINATED IN ANY WAY.
Clients can contact us at: MDTSettlement@rheingoldlaw.com
Dear Medtronic Client:
Welcome to the confidential page for our Medtronic clients. This page is intended to update you on current information, as well as be a repository for past updates and important documents. This page contains the most updated information possible about client payments. We greatly appreciate that you rely on this information. Inquiries to our office are always welcome about unique questions regarding your claim but asking us to repeat the general information below only slows down our work on the files.
A. CURRENT DEVELOPMENTS AS OF JULY 7, 2009
As we have mentioned, we appreciate everyone's continued patience for the final payment. As you know, there are thousands of claimants across the country who are also in the same position of waiting for the final payment. One thing which is certain is that claimants will not receive further settlement proceeds in the 2008 calendar year. However, we now hope that some claimants will begin receiving settlement funds in hand in February, 2009. We will be able to confirm this once the escrow agent begins releasing settlement proceeds. At this point, we have no specific confirmation on when that may happen, or how long it will take for checks to arrive at our office once they are shipped. We expect updated information the last week of December.
Please note that if there is a lien for medical expenses on your file, your receipt of the payment may occur after February. No one has given us any guidance as to whether liens will be deducted by the escrow agent or whether that will be our firm's responsibility. Further reasons for lien-related liens include the following reasons:
1) The Medicaid/Medicare department in the state where you live has agreed in principal to settle settling liens but has not yet set a specific amount; or
2) The Medicaid/Medicare department in the state where you live hasn't even agreed in principal to settle these liens; or
3) There is lien for a private insurance carrier which our firm will have to negotiate on your behalf.
Unfortunately, no one has answers as to when or how these issues will be resolved. These matters are beyond the control of the claimants or the attorneys representing them. Some clients want to contact the Court but this should not be done under any circumstances.
WE WILL UPDATE THIS WEBPAGE AS SOON AS 1) THERE IS A DEFINITVE DATE STATED WHEN OUR OFFICE WILL RECEIVE THE SETTLEMENT FUNDS OR 2) WHEN THERE IS DEFINITIVE INFORMATION ABOUT THE LIENS. Once we receive the settlement funds, we will have extra staff available to process and mail the settlement proceeds as we did before for the 40% advance payment. Please email us at the above address if your mailing address has changed.
As clearly explained with the mailing of the 40% payments, the 60% payment will be reduced by the attorney fee (as calculated on the full settlement amount) as well as any expenses. You will receive a full accounting explaining how the settlement proceeds were distributed.
We completely understand the financial difficulties many of our clients are experiencing. We stand ready to expedite any matters in our control once the payments begin rolling.
If you would like to keep your finger on the pulse of the litigation, please visit the U.S. District of Minnesota Court at: http://www.mnd.uscourts.gov/MDL- Medtronic /index.shtml to view the Orders and Minutes of Court proceedings as they happen and are posted to the Court's website.
B. Documents of interest :