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In 1985, Owens-Corning acquired Aerospace and Strategic Metals Group in Newport Beach, California for $415 million from Armco Inc. [16] [17] The color PINK was trademarked through Owens-Corning in 1986, making it the first company to trademark a color. By 1990, Owens-Corning was the defendant in about 84,500 asbestos-related lawsuits.
The fifteen trusts advised by Weitz & Luxenberg paid $12.2 billion between 2006 and 2013. Weitz clients also receive payments from other trusts. These other trusts made $51.6 billion in payments over the same period. Plaintiff attorneys typical receive 25% of this money. Perry Weitz helped set up the trusts for Owens Corning, USG, and Kaiser ...
Asbestos litigation is the longest, most expensive mass tort in U.S. history, involving more than 8,000 defendants and 700,000 claimants. [1] By the early 1990s, "more than half of the 25 largest asbestos manufacturers in the US, including Amatex, Carey-Canada, Celotex, Eagle-Picher, Forty-Eight Insulations, Manville Corporation, National Gypsum, Standard Insulation, Unarco, and UNR Industries ...
(Reuters) -A state judge in Oregon has overturned a jury's $260 million verdict against Johnson & Johnson in a lawsuit brought by a woman who said she got mesothelioma, a deadly cancer linked to ...
A federal jury on Monday said BNSF Railway contributed to the deaths of two people who were exposed to asbestos decades ago when tainted mining material was shipped through a Montana town where ...
The ban of chrysotile asbestos, the only form of asbestos currently used in or imported to the United States, comes after the EPA under the previous Trump administration delayed banning the substance.
Typically an asbestos plaintiff is exposed to a mixture of products during a thirty-year career in the building trades. It takes between twenty and fifty years from first exposure to the development of asbestos-caused cancer, so work histories, employment, military and social security records are used to help prove the plaintiff's exposure to various asbestos products throughout his or her career.
Neighbors who lived within a 3-mile radius of the June 14, 2021, Chemtool industrial fire in Rockton have reached a $94.5 million preliminary settlement with the company.
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