Earlier last month, four of the five families who lost loved ones in a truck accident entered into and accepted settlement negotiations with the employer of the truck driver who was determined to be at fault in the accident. According to a local news source covering the tragic accident and subsequent settlement, three of the four settlement amounts are still confidential. However, it was released that one family was provided $14 million for the loss of their loved one.
It is commonly asked why so many personal injury cases end up as settlements. While there are several reasons for this, and many are based on the personal preferences of the specific parties involved, certainty is one of the main motivating factors. Even a seemingly rock-solid case can lose its strength if certain evidence is discovered or if an unfavorable pre-trial ruling is made. In these cases, it may behoove a plaintiff to accept a guaranteed sum of money rather than take the case to trial and potentially end up with nothing.
The Facts of the Case
Evidently, back in April of last year, five nursing students were traveling to work on Interstate 16. The students were split up into two cars, and they had come to a stop in a traffic jam that was caused by an unrelated accident. While the two vehicles were in stop-and-go traffic, a truck came up from behind traveling at a high rate of speed. The truck slammed into the rear of one of the vehicles carrying several students. That vehicle then crashed into the other vehicle carrying the remaining students.