Here’s welcome news.
Today, Judge Rogers has ordered that the parties engage in a multi-day mediation within the next 30 days before seasoned Special Master Randi Ellis. Quoting from some of Aearo’s briefing in the bankruptcy case, Judge Rogers said that now that the Bankruptcy Court has denied 3M’s request for a stay of proceedings, the table is now set for productive talks and that each side should be motivated towards achieving resolution of the entire litigation.
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Do we expect the case to settle within the next 30 days? Candidly, no. However, you begin a process by beginning, and this is the perfect time to begin. 3M knows that Judge Rogers is mighty displeased with its sham bankruptcy proceedings, and, frankly, 3M’s highly insulting comments about the MDL. 3M should be well-motivated now to reverse the tide with earnest settlement efforts.
It’s time for 3M to stop paying its lawyers, and start paying its victims. All in favor, say aye.
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