We are pleased with these trial settings and the prospect of things going forward on a rapid basis. By the last part of the second quarter of 2006, we'll know a lot more about the parameters of this litigation.
More Quotes from Ted Mayer:
These are individual claims that can only be decided on an individual basis.Ted Mayer
We believe these types of claims cannot be litigated on a class-wide basis. In deciding whether to reimburse, each third-party payer had different business objectives and, in meeting those objectives, considered and relied on different information, at different times, regarding different patients with different medical histories.
Ted Mayer
We believe there are very strong reasons why the state Supreme Court should take this case. We really think that each individual case has to be decided individually.
Ted Mayer
We do not have a reasonable basis for establishing a liability reserve. Our story stays the same from case to case. ... The company acted in the interest of patient safety.
Ted Mayer
We believe strongly that each of these companies made its own decision. We will be filing petitions to appeal to New Jersey Supreme Court.
Ted Mayer
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