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Lawsuit Funding Helps Prevent Insurance Companies from Devaluing a Claim

Just before daybreak last Labor Day, Amanda DiGirolomo and Bryan Botti of Baltimore were returning from the Made in America Music Festival when they were struck by a taxicab driver. According to reports, the cab driver was traveling at more than 50 mph in a 25 mph zone when he struck the pedestrians in the crosswalk. DiGirolomo body was launched 100 feet. She was pronounced dead at the scene. Botti was taken by ambulance to an area hospital where he died a half-hour later.

The tragedy has led to two wrongful death lawsuits against the cab driver, Jacob Gabbay, the owner of the cab, as well as six members of the Gabbay family. The lawsuits claim that the cab driver is a “ticking time bomb.” He allegedly has been issued multiple traffic citations in the past and is the subject of seven civil lawsuits, one which was filed by the Gabbays’ own Germantown Cab Company to recover nearly $2,000 in fines. The lawsuits claim that the Gabbay family operates three fleets of unsafe taxicabs that are subject to more than 50 complaints with state regulators. “The Gabbay Family Enterprise has consistently been cited for safety violations by the Pennsylvania Utility Commission, as well as the Philadelphia Parking Authority concerning maintenance of its taxicab fleet and the reckless management and supervision of its taxicab drivers,” said an attorney for one of the plaintiffs. “Despite numerous warnings, complaints, citations and extensive fines, the Gabbay Family Enterprise has continuously failed to adhere to the PUC/PPA regulations in obvious and reckless disregard for the safety of the public.” The Gabbay family’s cabs have also been repeatedly cited for operating with unlicensed drivers or drivers who have suspended licenses, as well as unlicensed drivers with criminal records. The lawsuit also alleges that the Gabbay Family Enterprise is grossly underinsured, and purposely structured in a way that fraudulently conceals the company’ assets. Brett Berman, attorney for the Gabbay’s both as individuals as well as their companies, said the claim is merely an attempt to pierce the corporate veil.

Pedestrian accidents are not always cut and dry. Sometimes the insurance company will dispute liability even though the driver is clearly at fault. Although an experienced attorney can fight for the justice that is deserved, cases like this can take years. Often times, plaintiffs do not have the financial resources to withstand a lengthy litigation process, but backing down only devalues the claim. At times like this, plaintiffs may look to lawsuit funding to help them to cope with unexpected expenses.

While the family of the deceased may eventually receive a financial settlement to compensate them for their loss, they may experience a shortfall in their finances that could lead to a significant financial hardship. Lawsuit funding is a cash advance offered to litigants in exchange for a portion of the future proceeds of their case. There is no credit check, employment verification, or restrictions on how the money is used and it is only repaid once the claim is settled. Because repayment is contingent upon a successful recovery, if the lawsuit is lost, there is no obligation on the part of the plaintiff to repay the cash advance.

The application process takes less than five minutes online or by phone. If the case is approved for funding, we can direct deposit or overnight mail the money within 24 – 48 hours. If you need financial help during a pending personal injury claim, contact Lawsuit Financial today. Let us ease your financial burden while you are waiting for your lawsuit to settle.