Wednesday, February 24, 2016

Caps on payment to egg donors abolished in antitrust settlement

Kim Krawiec has the news at the Faculty Lounge:  below is her post

Egg Donors Get Pay Limits Axed With Antitrust Settlement

From Law360:
By Kelly Knaub

Law360, New York (February 1, 2016, 7:01 PM ET) -- A class of human-egg donors who allege the American Society for Reproductive Medicine violated antitrust laws by capping compensation to donors asked a California federal court Friday to approve a settlement requiring the organization to remove the compensation guideline, calling the agreement an “excellent resolution” of the case.
Under the proposed settlement, ASRM will remove language stipulating that “[t]otal payments to donors in excess of $5,000 require justification and sums above $10,000 are not appropriate,” effectively benefiting all women who donate eggs in the future.
. . .
In addition, ASRM will pay a total of $1.5 million under the agreement to compensate the plaintiffs’ counsel for fees and costs incurred in in the litigation, as well as up to $150,000 to cover the costs of notice to the class.

They could have saved that $1.5 million dollars in legal fees if they had listened to me about this back in 2009.  :-)
Related posts:

1 comment:

andrewsimmons355 said...

In a Modern days the Asian Egg Donation should be essentially the same as the long-term impact (if any) of IVF on patients using their own eggs and are more likely to be in financial situations that motivate them to participate for the financial compensation.