Biomet Refutes Claim That it Owes $175,000 to Plaintiff, Says Release is Binding

SOUTH BEND, Ind. — Biomet Inc. has moved for summary judgment on claims that it breached the M2a Magnum master settlement agreement by paying a plaintiff only $25,000 rather than $200,000, arguing that the parties executed a signed release in which the plaintiff released all claims against the manufacturer.

In a July 19 motion filed in the U.S. District Court for the Northern District of Indiana, Biomet says the signed release “constitutes a binding contractual agreement, pursuant to which the plaintiff has been paid the bargained-for consideration.

Donald Eastman directly filed suit in the Biomet M2a Magnum multidistrict litigation on …