Jury Awarded Plaintiffs $30 Million After 15 Minutes Of Deliberation Explains Litigation Funding Corporation, Michigan
Southfield, MI (Law Firm Newswire) December 10, 2013 – When this case went to court, the jury returned a verdict in 15 minutes. This does not happen often.
“This case was one a Florida jury found egregious enough to hand down a $30 million verdict in just shy of 15 minutes,” explained Daren Monroe of Litigation Funding Corporation, Michigan. “And that is something that does not happen very often.”
The man at the center of this case, Thomas Cypress, had a blood alcohol level of three times the legal limit the day he veered across a median, crashing head-on into a sedan carrying two visitors from Maryland, and killing them. The Kirkpatricks were in Florida for a vacation and had plans to attend an art show where Mr. Kirkpatrick was showing his artwork. Cypress also had three prior charges against him for DUI and was driving with a suspended license that day.
When this case got to trial, there was no debate over whether or not Cypress was responsible for the death of the Kirkpatricks. The only thing at issue was how much he should pay. The jury acted with alacrity and handed down a $30 million award for compensatory damages. The Kirkpatrick’s children felt the jury sent a clear message that drinking and driving would not be tolerated. The family was also subsequently awarded another $5 million in punitive damages.
The wait for their trial would have been a long one, as the criminal sanctions must be dealt with first. Any civil lawsuits would follow. Waiting for justice would have been expensive for the family trying to cope with the loss of both their parents. How would they pay their bills? “Litigation funding may have been the ideal solution for the family,” added Monroe. “By applying online or directly calling the lawsuit suit loan company, they would have been able to fill out an application for approval.”
Approved plaintiffs are usually sent their pre-settlement funding within 48 hours. When they receive it, they may use it to pay for anything they want. However, many plaintiffs realize the enormous bills facing them while they await a resolution to their case, and use the lawsuit loan judiciously to cover ongoing and other important expenses, such as funeral and burial costs. “There are many benefits for plaintiffs who apply for a lawsuit cash advance,” said Monroe, “and one of them is that if they lose in court, they may keep the loan, free and clear.”
Litigation Funding Corporation
29777 Telegraph Road, Suite 1310
Southfield, MI 48034
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