Plaintiffs Say They're Prepared to Settle MDL Cases; No Deals Announced Yet

CORPUS CHRISTI, Texas - Plaintiffs in the silica litigation recently said they are prepared to settle all cases pending in MDL No. 1553 for traditional values, stating that the estimated cost to litigate the claims would likely succeed $1.5 billion. In Re: Silica Products Liability Litigation, MDL No. 1553 (S.D. Texas).

In a letter faxed to defendants in April, Plaintiffs Lead Counsel Joe Gibson of O'Quinn, Laminack & Pirtle said that plaintiffs are willing to discuss resolving the cases, the majority of which were funneled into the MDL from Mississippi prior to that state's enactment of legislation that placed restrictions …