Mesothelioma Settlements | Verdicts & Asbestos Settlement Amounts – Asbestos.com

  • Whatsapp

The average mesothelioma settlement is $1 million to $1.5 million, while the average mesothelioma trial verdict is $5 million to $11.4 million. Settlements from a mesothelioma claim provide guaranteed compensation to patients or loved ones and can be paid out in a few months. In general, settlements are nontaxable under federal tax laws.
Watch: Learn why most cases end with a mesothelioma settlement and its benefits from experienced asbestos attorney Jim Kramer.
Watch: Learn why most cases end with a mesothelioma settlement and its benefits from experienced asbestos attorney Jim Kramer.
Mesothelioma settlements and verdicts are two different ways of achieving compensation through a mesothelioma lawsuit. Patients diagnosed with mesothelioma and their loved ones may be eligible to file a claim. While there are many differences between settlements and verdicts, both offer a variety of benefits to patients and families coping with mesothelioma.
The payout is the amount of compensation you receive once the attorney’s fees and costs have been paid.
There is a statute of limitations on legal claims for asbestos exposure. Each state has its own time frame for filing a claim following the initial diagnosis. Patients should speak to a mesothelioma attorney if they are considering settlement compensation.
What is your or your loved one’s diagnosis?
Only a qualified attorney can determine if you are eligible and help you seek the mesothelioma compensation you deserve.
Only a qualified attorney can determine if you are eligible and help you seek the mesothelioma compensation you deserve.
The amount of compensation won through asbestos personal injury and wrongful death lawsuits varies from case to case.
Many patients or their estates have received settlements and jury awards worth millions of dollars. Mesothelioma trust payouts remain significantly less than what claimants may be eligible to receive in court.
The time frame for a mesothelioma settlement varies, with some patients receiving a check in a few months to some waiting more than a year.
Exact settlement figures are usually kept private, and claimants often are bound by confidentiality agreements. However, some mesothelioma lawsuit settlement amounts become public from time to time. When plaintiffs and defendants don’t agree to a settlement, the case usually goes to trial. If jurors agree the defendants are liable, they will decide how much money the defendants should pay in damages.
The family of a mechanic from Redding, California, received a $630,000 settlement in 2018 to resolve a wrongful death lawsuit from asbestos-related lung cancer. The surviving family claimed their loved one developed lung cancer as a result of exposure to asbestos brakes, clutches and gaskets.
In 2017, a jury awarded Ed Robaey $75 million in the largest single asbestos verdict in New York history. Robaey claimed he developed mesothelioma from working with asbestos gaskets in car engines.
A New York jury ordered DaimlerChrysler to pay $25 million in 2006 to Alfred D’Ulisse, a retired police officer and former brake specialist who said he developed mesothelioma from exposure to the company’s automobile brakes.
In 2003, U.S. Steel was ordered to pay $250 million to the wife of a former steel worker who died of mesothelioma. U.S. Steel reached a post-verdict settlement for an undisclosed amount believed to be substantially less than the trial award.
A Texas jury awarded $18.6 million in 2014 to the surviving family of Carl Rogers, who died of mesothelioma after working at a Goodyear tire factory for 30 years. Rogers was exposed to asbestos-containing machinery parts and pipe insulation at the factory.
In 2020, a drywall worker who developed mesothelioma received a $13.4 million verdict and $75,000 in settlements from an asbestos lawsuit filed in Washington state. Drywaller Raymond Budd said he developed the cancer from working with multiple asbestos products including Kaiser Gypsum’s asbestos-containing joint compound.
A San Francisco jury awarded $24.26 million in 2018 to longshoreman George Lucas, who said he developed mesothelioma as a result of asbestos exposure he endured while working at shipyards around San Francisco Bay for nearly 30 years. He was exposed to asbestos insulation, gaskets and packing.
A jury awarded former naval shipyard worker George Parker $6.5 million in 2016. The jury determined John Crane Inc. was responsible for exposing Parker to asbestos, which led to his mesothelioma diagnosis. Parker worked with gasket materials containing asbestos at the Norfolk Naval Shipyard.
In 2014, a California jury awarded $70.8 million to U.S. Navy machinist Robert Whalen in a mesothelioma lawsuit involving gasket manufacturer John Crane Inc. Whalen claimed he developed mesothelioma working with the company’s asbestos products during his 26-year service in the Navy.
In 2016, a Los Angeles Superior Court jury awarded Philip Depoian an $18 million verdict in a mesothelioma-talcum powder lawsuit. Depoian was exposed to asbestos-tainted talcum powder products used at the barber shop where his father worked.
In 2018, damages awarded to Stephen Lanzo III and his wife totaled $117 million. A jury found Johnson & Johnson and Imerys Talc America liable for selling Lanzo asbestos-contaminated talcum powder products from 1979 to 2003, which led to Lanzo’s mesothelioma diagnosis.
Disclaimer: The former settlements and verdicts are examples of compensation received through individual cases filed in different states throughout the U.S. They cannot guarantee what compensation you might receive by filing a claim.
While a trial verdict may result in a larger award, there is no guarantee a jury will side with you. Qualified mesothelioma attorneys know there are no sure bets in a trial. The amount you can negotiate in a settlement may be smaller than what you could win in a trial verdict, but the compensation will be guaranteed.
The decision to settle or go after a verdict is best made with the advice of an experienced mesothelioma attorney. These lawyers understand the nature of malignant mesothelioma and other asbestos-related diseases.
The more evidence you gather to support your case, the easier it will be to agree on a reasonable settlement amount with a defendant company or companies.
When you file a mesothelioma claim, many factors affect the potential settlement amount a defendant may agree to.
Most mesothelioma patients dealing with the hardships of cancer also experience financial difficulties as medical bills continue arriving. Because patients and their family members have to focus on mesothelioma treatment and caregiving, they may be unable to work, causing a loss of income at the same time.
When a jury issues a verdict in favor of the plaintiff, jurors consider compensatory damages — the actual economic losses of the plaintiff. Jurors also consider punitive damages, which serve to punish a defendant for particularly bad behavior. The financial punishment is meant to deter the defendant and other companies from engaging in dangerous behavior again.
Watch: Asbestos attorney Jim Kramer shares what factors you should consider before pursuing a mesothelioma settlement.
In cases where the manufacturer knowingly allowed asbestos products to harm people, the potential financial liability may be enormous. Some historic cases have warranted awards in the tens of millions of dollars. If a defendant has settled or lost cases in the past, they may want to settle a claim quickly without going through the trial process again.
Plaintiffs often file claims against multiple companies that manufactured asbestos-containing products. In lawsuits where multiple defendants are named, it’s common for some to settle early to avoid legal expenses, negative publicity or a prolonged proceeding.
Different states require varying amounts of evidence for proving liability, negligence and wrongdoing on the part of a defendant. Some states also cap the amount of damages that a jury can award in a trial.
The settlement process starts with a mesothelioma attorney preparing to present a plaintiff’s case to a judge and jury. Asbestos settlement negotiations with defendants can take place before, during or even after a trial.
Your lawyer can advise you about your options and whether you should hold out for a better proposal. A lawyer can also advise you about trust fund claims and how they might affect other legal claims.
“We’re prepared to take every one of our cases to trial. A very small percentage, though, ever get to a verdict,” said Dan Kraft, an attorney at Weitz & Luxenberg, which is the mesothelioma law firm responsible for two record-setting asbestos verdicts in New York.
The average asbestos claims payout ranges from $1 million to $1.4 million, according to a 2016 Mealey’s Litigation Report. The amount of your mesothelioma settlement could be more or less than this range, depending on several factors such as type of claim (personal injury or wrongful death), number of defendants in the lawsuit and details unique to your case.
The time it takes to get money from a settlement varies for each case. After a mesothelioma settlement is reached, it can take anywhere from a few months to more than a year for you to start receiving settlement checks.
You will likely receive your compensation in installments rather than in one lump sum, especially if the settlement is large. You should discuss with your mesothelioma attorney how you want your payments distributed.
Mesothelioma settlement payouts for medical expenses are generally not taxable. Financial compensation you receive for lost wages and emotional distress can be taxable.
An experienced mesothelioma law firm can explain how your settlement may be taxed. The Tax Cuts and Jobs Act of 2017 expanded the amount of settlement money that plaintiffs must pay taxes on.
Compensation awarded in a wrongful death settlement may go to the deceased person’s estate. How settlement money is distributed to surviving family members depends on the unique circumstances of each case.
Most mesothelioma attorneys work on a contingency fee basis. This usually means your attorney will receive a percentage of any award or settlement, but you will owe nothing if you do not receive compensation for your injuries. You agree on the terms with your lawyer at the beginning of the case.
In a mesothelioma settlement, the company responsible for exposing an individual to asbestos agrees to pay them a certain amount of money in damages. A claim must be filed against the manufacturer of the asbestos product, and after negotiations a settlement is agreed upon by both parties. 

Thank you for your feedback. Would you like to speak with a Patient Advocate?
The sources on all content featured in The Mesothelioma Center at Asbestos.com include medical and scientific studies, peer-reviewed studies and other research documents from reputable organizations.
Stay up-to-date on treatment, research, clinical trials, doctors and survivors
Mesothelioma Center – Vital Services for Cancer Patients & Families doesn’t believe in selling customer information. However, as required by the new California Consumer Privacy Act (CCPA), you may record your preference to view or remove your personal information by completing the form below.
The information on this website is proprietary and protected. It is not a substitute for professional medical advice, diagnosis or treatment. Any unauthorized or illegal use, copying or dissemination will be prosecuted. Please read our privacy policy and disclaimer for more information about our website.
Asbestos.com is sponsored by law firms. This website and its content may be deemed attorney advertising. Prior results do not predict a similar outcome. For more information, visit our sponsors page.
This site complies with the HONcode standard for trustworthy health information: Verify Here.
Your web browser is no longer supported by Microsoft. Update your browser for more security, speed and compatibility.
If you are looking for mesothelioma support, please contact our Patient Advocates at (855) 404-4592

Read More

source

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *