STORY FROM: Hip & Knee Implant Litigation
Biomet Refutes Claim That it Owes $175,000 to Plaintiff, Says Release is Binding
July 26, 2017
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 ...
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