Becker Glynn finalizes complex settlement of national products liability cases

A Dutch client faced hundreds of products liability cases from the sale of an over-the-counter medication throughout the United States. After the lead co-defendant entered bankruptcy, the firm’s client and the other defendants entered into an innovative global (non-class action) settlement with plaintiffs, valued at over $100 million, by which all future claims would be barred through a special injunction in the bankruptcy court. Working with Dutch counsel, the firm was also able to secure insurance coverage for most of the client’s liability in the settlement.