Early Offer of Settlement: S.B. 239 (2006)
Provided that a party declining a settlement offer is potentially
Provided that a party declining a settlement offer is potentially liable for attorneys’ fees and court costs. S.B. 239 established that a plaintiff who rejects an offer of settlement would be liable for attorneys’ fess and litigation costs if the defendant is found not liable or the final judgment in favor of the plaintiff is 75 percent of the settlement offer. A defendant who rejects a plaintiff’s offer of settlement would be liable for attorneys’ fees and litigation costs if the plaintiff recovers a final judgment which is 125 percent greater than the offer of settlement.
ATRA Reiterates Support for Chapter 11 Bankruptcy Use to Address Mass Tort Litigation, Urges Meaningful Dialogue Amid Senate Judiciary Committee Hearing
The lack of oversight and transparency around third-party litigation funding threatens the integrity of our legal system
Together, let’s forge a legal landscape that makes equitable access to justice a living reality for all Georgians.
This is an opportunity to reassess the practices and regulations surrounding private-attorney contracting and to enact reforms that promote fairness, transparency and value for taxpayer dollars.
Allowing the company to continue the bankruptcy process will help ensure equitable and efficient resolution in complex mass tort claims