Old Hostess To Pay $21M To Cyclist Hit By Bread Truck
Law360, New York (September 26, 2014, 5:08 PM EDT) -- A New York bankruptcy judge on Friday approved a $21 million settlement between the former Hostess Brands Inc. and a German cyclist who was struck by one of the bankrupt baker's trucks in Virginia in 2011, suffering an extensive brain injury that caused him to need a permanent care facility.
Counsel for Michael Sprick, the German bicyclist who was hit by a Merita Breads truck while vacationing in Virginia, filed an unsecured claim for $50 million in May 2012 in the bankruptcy proceedings for Old Hostess, seeking damages for his injuries, which left him disabled and requiring around-the-clock care. The parties...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!