German pharmaceutical company grunenthal manufactured the drug to ease morning sickness for pregnant women but the sedative caused severe life threatening birth defects in thousands of children. A structured settlement is an arrangement through which the plaintiff agrees to receive the settlement through periodic payments made on an agreed schedule instead of as a lump sum.
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For 30 years prudential has been a leader in providing financial certainty through structured settlements for financial certainty.
Structured settlements overview. Structured settlements are the other alternative payment system to a lump sum cash settlement and are set up to provide payments over time. Structured settlements are oftentimes used in cases involving automobile or workplace. Structured settlement investments an overview. A structured settlement will normally require payment of an initial sum of money to the plaintiff with additional payments to be made over a period of years. Structured settlements are structured cash payments through anannuity system that is established to compensate injury victims for their losses. Structured settlements were first popularized in canada during the 1960s as a way of managing payouts from settlements involving thalidomide. Structured settlements are a financial arrangement oftentimes used when an individual is awarded a large sum of money. This might stem from monetary awards used to compensate a person who has been seriously injured or from lottery jackpot winnings. A structured settlement is a negotiated financial or insurance arrangement through which a claimant agrees to resolve a personal injury tort claim by receiving part or all of a settlement in the form of periodic payments on an agreed schedule rather than as a lump sumas part of the negotiations a structured settlement may be offered by the defendant or requested by the plaintiff.
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