All Press Releases for April 23, 2015

NFL Concussion Lawsuit Settlement Approved

Atlas Legal Funding Announces Post-Settlement Legal Funding Advances for Former NFL Players



    SECAUCUS, NJ, April 23, 2015 /24-7PressRelease/ -- Atlas Legal Funding (www.AtlasLegalFunding.com), a legal funding company that provides non-recourse financing to personal injury plaintiffs, today announced the availability of post-settlement funding for former National Football League (NFL) players involved in the NFL concussion settlement. This announcement comes after a federal judge granted final approval of the settlement agreement between the NFL and thousands of former NFL players for concussion-related claims.

According to the decision, the settlement agreement applies to all players who retired on or before July 7, 2014 and uncaps the amount of damages that can be paid for diagnosable conditions. It also removes the limit on how much can be spent on medical monitoring. Former players who want to file a claim must do so within 180 days of receiving notice the settlement is in effect.

Disbursement of Funds May Take Months or Years

The final settlement agreement comes as good news for retired NFL players who have been struggling to get by -- both physically and financially -- due to their concussion-related illnesses. No payments will be made to players until all appeals are exhausted, which could take months -- or years. This delay in disbursement of funds could create tension between the players who are eager for some restitution, and others who continue to push for a better deal.

"Coming up with the money to pay for everyday life needs can be a struggle for former players and their families dealing with concussion-related injuries since million-dollar-plus salaries were not always the case in the NFL," said Jeff Kahn, managing partner of Atlas Legal Funding.

Atlas Legal Funding Providing Legal Funding Advances to Players Now

If you're a retired player that's in need of money before your settlement money is disbursed, Atlas Legal Funding will work with your attorney to help bridge the gap between today and when you get paid. There is no cost for applying, no out-of-pocket expenses and funds can be provided in as little as 48 hours from submitting an application. Contact Atlas Legal Funding at 1-877-635-4037 or visit our website http://www.atlaslegalfunding.com/nfl-concussion-legal-funding to submit an online application.

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Contact Information

Jeff Kahn
Atlas Legal Funding
Secaucus, New Jersey
United States
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