Two and a Half Arbitrators?

Charlie Sheen’s $100 million lawsuit against the Warner Bros. and “Two and Half Men” executive producer Chuck Lorre is headed to arbitration, courtesy of a Los Angeles Superior Court judge. The court ruled that both Sheen’s and Lorre’s contract have valid provisions that require disputes handled by arbitration. Warner Bros. and Lorre, who want the fiasco, the bad publicity, and, if necessary, the settlement to be handled quietly, were pleased. Sheen, who sees himself as benefited by publicity, was disappointed.

 

Arbitration is an important semi-judicial means by which disputing parties resolve their conflicts. In many cases, it’s cheaper, faster, less stressful, and more certain than a trial. Arbitration also commonly lets litigants chose who will preside over their dispute and how much authority the arbitrator will have. As a result, arbitration has become an increasingly effective means of resolving legal fights.

 

Want to know more about how arbitration might be used to settle your personal injury claims? With years of experience and dozens of successful cases under our belts, we’re prepared to guide you through this process. For a free consultation with the Fears | Nachawati professionals, call 1.866.705.7584 or send an email to info@fnlawfirm.com

Texas Investors Defrauded by Get-Rich-Quick Insurance Scheme

Retirement Value, a New Braunfels-based insurance company, is the latest fly-by-night financial firm to defraud hundreds of Texas investors. Offering a financial product known as a “life settlement”, Retirement Value claimed to connect financially distressed, elderly life insurance policyholders with investors looking for a high-return vehicle. In theory, the elderly policyholder would assign the value of the insurance policy to the investor in exchange for the investor assuming the premium obligations. In practice, however, Retirement Value absconded with investor funds, overstated the likely returns and saddled investors with millions in premium payments.

 

Have you been injured by Retirement Value or the dozens of other Texas insurance firms peddling unregulated financial products like life settlements? If so, contact the injury experts at Fears | Nachawati. We can help you recover what you’ve lost through fraud and abuse. Call us at 1.866.705.7584 or send an email to info@fnlawfirm.com

What is a structured settlement?

Texas personal injury lawsuits are often settled without going to trial, and sometimes these cases are settled for a large sum of money. Many people might assume that the next step is for the defendant to write the plaintiff a check for the amount of the settlement and then it’s case closed.

 

However, it is not always possible, or beneficial, for a settlement to be paid out as a lump sum. Instead, the parties can choose to arrange for the settlement to be paid as a series of smaller installment payments over a set number of years. This is known as a structured settlement.

 

The parties to the lawsuit have a great deal of freedom and flexibility in how they choose to structure the settlement. They can decide for themselves how big each payment will be and how often the payments will be made.

 

A structured settlement can be a very beneficial arrangement for all parties involved. For example, if set up a certain way, a structured settlement can greatly reduce the amount of taxes the plaintiff owes on their settlement. In some cases, the payments are tax-free.

 

There are other reasons why a structured settlement might be the best choice for the plaintiff in a Texas personal injury lawsuit. A guaranteed, long-term source of income is one important benefit. If your injuries, for instance, require ongoing medical care, a structured settlement will ensure that there is a steady flow of money coming in to cover your expenses.

 

An experienced Texas personal injury lawyer can advise you on whether a structured settlement is the best option for your circumstances. In fact, you should always speak with an attorney before accepting any settlement offer to be certain that you are receiving full and fair compensation for your injuries.

 

To receive free legal advice from a Texas personal injury lawyer, contact Fears | Nachawati today. You can email us at info@fnlawfirm.com or call us on our toll-free number at 1.866.705.7584.

 

Legal Help - Auto Accidents and Injuries

Many times, people injured in auto accidents wonder whether they have a case or what their legal options may be after being injured in an accident through no fault of their own.  In some cases, injured people are not even sure if they have a good legal case.  Most attorneys work on a contingency basis, meaning there typically are no out of pocket costs to clients for attorneys fees and expenses.  Some people are hesitant to involve an attorney, but as an attorney who cares about taking care of potential clients, I believe it certainly can be helpful to obtain accurate legal information from a personal injury attorney who can provide valuable help and, in some cases, representation that oftentimes results in a more favorable settlement for those injured by another person's negligence. If you have been injured in an auto accident, contact  our law firm by submitting our form to the left or call Fears & Nachawati Law Firm to set up a free legal consultation.  Fears | Nachawati Law Firm, Toll Free 1 (866) 705-7584.