CLAIMANTS' ADVISORY COMMITTEE

Dow Corning Breast Implant / Bankruptcy Settlement

Volume 18, No. 1, March 24, 2021

 

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Email: info@tortcomm.org or

Phone: (419) 394-0717 or

Website: www.tortcomm.org

 

 

CAC Sybil Niden Goldrich

P.O. Box 665 Ernest Hornsby, Esq.

St. Marys, OH 45885 Dianna Pendleton-Dominguez, Esq.

 

 

This is the 172nd e-newsletter (Vol. 18, No. 1) from the Claimants' Advisory Committee (CAC) in the Dow Corning bankruptcy Settlement Plan. You were sent a copy of the newsletter because our records show that you requested to be on the mailing list. If you wish to unsubscribe, click here or to reply to this newsletter, send an email to: info@tortcomm.org. Please do not hit "Reply" to this email address. To contact the CAC, use the email address: info@tortcomm.org or dpend440@aol.com.

 

STATUS OF MOTION SEEKING APPROVAL TO PAY REMAINING PREMIUM PAYMENTS

On December 23, 2020, the Finance Committee filed a motion seeking the District Court's authorization to make Second Priority Payments (SPP). Included in SPP are Premium Payments to claimants in Classes 5, 6.1, and 6.2 for Rupture, Increased Severity, and Disease. The Premium Payment are the remaining 50% of the allowed Premium Payment amount. The court has previously approved payment of the first 50% Premium Payment. Dow Corning objected to this motion, and a hearing was held on February 25, 2021. The court has not yet issued a ruling on the motion.

What happens next? It is our sincere hope that the District Court will grant the motion and authorize the remaining Premium Payments. We do not know when the Court will rule; however, we will keep you posted of all developments. As soon as the order is entered, the Settlement Facility can begin to send checks. We urge everyone – claimants and attorneys –to contact the Settlement Facility every month to confirm your current address. They must have a current contact on file with you before a check will be issued. A current contact is a phone call, letter, or email showing that they have had contact with you in the last 60-90 days. If you do this, it will help expedite your check when the order is entered.

Here is the contact information for the Settlement Facility:

Phone – 866-874-6099; if you live outside the U.S. you can call 713-874-6099

Email – info@sfdct.com

Letter - SF-DCT

P.O. 52429

Houston, TX 77052-2429

 

STATUS OF CLAIMS PROCESSING AND PAYMENTS

The Settlement Facility is currently on track to complete first reviews of all disease claims this summer. If a claim is not approved on first review, then the Settlement Facility will send a letter listing the problems that need to be fixed and will provide a one-year time frame to fix those problems.

Here is the most current chart showing claims payments from June 2004 – February 2021.

 

3/14/2021

INCLUDES NOI PAYMENTS (DOES NOT INCLUDE STALE CHECKS)

 

RUPTURE

RUPTURE PREMIUM

EXPLANT

INCREASED EXPLANT

EXPLANT ASSISTANCE (EAP)

EXPEDITED

DISEASE

DISEASE - INCREASED

DISEASE   PREMIUM

MEDICAL CONDITIONS (IFBR, TMJ, IMPLANT FAILURE)

OTHER PRODUCTS PREMIUM PAYMENT

TOTAL

CLASS 5

$430,993,011.16

$47,319,332.44

$146,971,125.49

N/A

$4,334,900.00

$50,192,803.23

$645,747,760.63

$2,607,250.00

$59,145,564.85

N/A

N/A

$1,387,311,747.80

CLASS 6.1

$14,316,750.51

$1,573,500.00

$4,623,969.90

N/A

$12,000.00

$3,507,707.78

$10,625,718.48

$51,000.00

$812,350.00

N/A

N/A

$35,522,996.67

CLASS 6.2

$3,731,000.00

$97,125.00

$260,250.00

$1,335,000.00

$15,000.00

$245,700.00

$4,581,850.00

$12,250.00

$60,200.00

N/A

N/A

$10,338,375.00

CLASS 6.2 2

N/A

 

N/A

N/A

N/A

$197,800.00

N/A

 

 

N/A

N/A

$197,800.00

CLASS 6.2 3

N/A

 

N/A

N/A

N/A

$540,000.00

N/A

 

 

N/A

N/A

$540,000.00

CLASS 7

N/A

 

N/A

N/A

N/A

$25,573,486.33

$13,555,264.69

 

 

N/A

N/A

$39,128,751.02

CLASS 9

$130,000.00

 

N/A

N/A

N/A

$1,765,145.10

N/A

 

 

$2,866,500.00

$14,215,000.00

$18,976,645.10

CLASS 10.2 / 10.2

$6,000.00

 

N/A

N/A

N/A

$156,450.00

N/A

 

 

$224,125.00

$1,050,875.00

$1,437,450.00

TOTAL

$449,176,761.67

$48,989,957.44

$151,855,345.39

$1,335,000.00

$4,361,900.00

$82,179,092.44

$674,510,593.80

$2,670,500.00

$60,018,114.85

$3,090,625.00

$15,265,875.00

$1,493,453,765.59

 

RUPTURE

RUPTURE PREMIUM

EXPLANT

INCREASED EXPLANT

EXPLANT ASSISTANCE (EAP)

EXPEDITED

DISEASE

DISEASE - INCREASED

DISEASE   PREMIUM

MEDICAL CONDITIONS (IFBR, TMJ, IMPLANT FAILURE)

OTHER PRODUCTS PREMIUM PAYMENT

TOTAL

CLASS 5

21,697

19,028

29,702

N/A

866

25,366

30,664

147

27,336

N/A

N/A

154,806

CLASS 6.1

1,198

1,049

1,559

N/A

4

2,935

1,156

5

764

N/A

N/A

8,670

CLASS 6.2

533

111

143

445

5

351

1,186

2

115

N/A

N/A

2,891

CLASS 6.2 2

N/A

 

N/A

N/A

N/A

166

N/A

 

 

N/A

N/A

166

CLASS 6.2 3

N/A

 

N/A

N/A

N/A

900

N/A

 

 

N/A

N/A

900

CLASS 7

N/A

 

N/A

N/A

N/A

16,813

1,710

 

 

N/A

N/A

18,523

CLASS 9

26

 

N/A

N/A

N/A

1,766

N/A

 

 

476

498

2,766

CLASS 10.2 / 10.2

2

 

N/A

N/A

N/A

262

N/A

 

 

65

64

393

TOTAL

23,456

20,188

31,404

445

875

48,559

34,716

154

28,215

541

562

189,115

 

 

If you would like to read prior CAC e-newsletters, they are available on the CAC website by clicking on "Electronic Newsletter." We urge you to visit the CAC website (www.tortcomm.org) on a regular basis to download or view relevant documents and read updates and new information.

NOTICE: This document is copyrighted. You are not authorized to post it on any website without express, prior written permission of the Claimants' Advisory Committee.