Avoiding Probate
12 hours ago
Saturday, May 31, 2008
Sunday, May 18, 2008
Chris Zachar Wins Another One
Congrats to Phoenix personal injury lawyer, Chris Zachar, on his continued trial success. 3 weeks ago Chris won jury verdicts of $69,000 and $39,000 for two clients injured in a car accident. Allstate, the adverse carrier, had offered just $6,500 & $5,000 before trial.A respected trial lawyer who is recognized by the State of Arizona as a Certified Specialist in Personal Injury & Wrongful Death Litigation, Chris is no stranger to the courtroom, having litigated hundreds of Arizona injury claims.
Did You Know??? Before transferring to University of Arizona law School, Chris was ranked in the top 2% of his Law School Class at John Marshall - Chicago.
Saturday, May 17, 2008
ERISA Class Action Settlement - $35,000,000
Congrats to the Law Firm of Martin & Bonnett on their recent $35 million class action settlement against Honeywell.
The case arose when a group of former Garrett employees (a company that was later purchased by Honeywell) became concerned with how their pension benefits were being calculated. The group, the Garrett Retirees Action Committee, hired Martin & Bonnett to investigate their claims and hired an actuary to analyze the formulas associated with their pension calculations.
On July 26th, 2002 Martin & Bonnett filed a Claim Letter with Honeywell. Honeywell denied the claim and a Class Action lawsuit was filed against Honeywell on March 1, 2004. On November 5, 2007, the Court preliminarily approved a Partial Settlement in this case. The Partial Settlement does not resolve the 3 main issues in this case involving the Social Security and SBA Offsets. These claims continue to be litigated. The Partial Settlement does resolve the other issues of the case. The Partial Settlement provides for a recovery of $35 million with the potential to recover an additional $500 million if they are successful on the remaining main issues of the case. The details of the case can be found here.
Lead attorneys, Susan Martin & Daniel Bonnett, are both considered national authorities on ERISA law. They have several million and multi-million dollar verdicts and settlements for employees from around the country.
The case arose when a group of former Garrett employees (a company that was later purchased by Honeywell) became concerned with how their pension benefits were being calculated. The group, the Garrett Retirees Action Committee, hired Martin & Bonnett to investigate their claims and hired an actuary to analyze the formulas associated with their pension calculations.
On July 26th, 2002 Martin & Bonnett filed a Claim Letter with Honeywell. Honeywell denied the claim and a Class Action lawsuit was filed against Honeywell on March 1, 2004. On November 5, 2007, the Court preliminarily approved a Partial Settlement in this case. The Partial Settlement does not resolve the 3 main issues in this case involving the Social Security and SBA Offsets. These claims continue to be litigated. The Partial Settlement does resolve the other issues of the case. The Partial Settlement provides for a recovery of $35 million with the potential to recover an additional $500 million if they are successful on the remaining main issues of the case. The details of the case can be found here.
Lead attorneys, Susan Martin & Daniel Bonnett, are both considered national authorities on ERISA law. They have several million and multi-million dollar verdicts and settlements for employees from around the country.
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