Reply To: Volkswagen settle Dieselgate

#186150
jsh88
Participant

    Its too difficult to calculate what each person will get.

    But; as far as legal cases go; i cant recall the sums linked to these ones but.

    a typical “no win no fee” has a cap at 25% (set by the Ministry of Justice) it may be different for this case.

     

    So, £193 Million was the settlement.

    Straight away take away 25% for the solicitor firms cut. (£48.25m)

    £193m – 48.25m = £144.75

    Then there will be a success fee.

    Going low, and say they take a 10% success fee; so in total 35% of it goes to the law firms.

    £67.55m

    125.45M / 91K claimants

    ~£1300 each.

    BUT; it may be one person had several cars over the period and gets £3000

    it could be someone leased a car and only gets £50

    the indivual compensation will not be disclosed as its likely to have a Non-disclosure attached.

    (note for admin; i tried posting last night; but had issues with phone -so finally decided to sign up for an account)