NORCOLD SETTLEMENT
To add insult to injury, not only are the Beverly Hills attorneys walking away with THIRTEEN MILLION dollars on the Norcold class action, Judge Josephine Staton is now refusing to calendar some silly ...
Forum Discussion
outdoorlovers wrote:
I questioned the paralegal last week at the firm that sued. Here is her response: "We were waiting for the judge to rule on one final issue which she finally did last week. We are currently working on the proposed final judgment and then there will probably be some more briefing on that and then hopefully we will be done, barring any more hold ups with an appeal. I am hopeful that checks will issue in the next couple of months pursuant to the settlement agreement. I believe that there will be 4 annual installments."
4 annual installments? Unbelievable. Even when you win in a class action lawsuit, you still lose.
Would you rather the company filed for bankruptcy and the plaintiffs get pennies on the dollar or nothing? If the company can present a reasonable argument that lump sum payment would be an excessive financial burden, then the installment payments would be a reasonable alternative in my opinion.
