$1B Stryker Deal Shows Path To Trial-Free MDL Settlements

Law360, New York (November 6, 2014, 10:26 PM EST) -- Stryker Corp.'s agreement to pay at least $1 billion to resolve litigation over defective metal hip replacement parts followed an unusual "bellwether mediation" approach that involved negotiations, rather than trials, over selected cases, offering a model that other MDL defendants wary of outsize jury verdicts will likely begin to adopt, attorneys say.

After roughly a year of mediation, the parties arrived at a settlement that would resolve some 3,000 cases, including those in New Jersey state court and in the multidistrict litigation in Minnesota federal court,...
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