The MDL judge has authorized the establishment of a Qualified Settlement Fund (QSF) to facilitate settlement payments for individuals who suffered complications due to Bard’s hernia mesh products. This fund is structured to ensure that all settlements are processed with efficiency and transparency.
A Qualified Settlement Fund serves as a dedicated account designed to hold settlement proceeds, guaranteeing proper allocation to affected individuals. In this instance, appointed administrators will manage the fund, overseeing the distribution process to ensure that each eligible recipient receives their rightful settlement.