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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 ...
The mineral asbestos is subject to a wide range of laws and regulations that relate to its production and use, including mining, manufacturing, use and disposal. [1][2][3] Injuries attributed to asbestos have resulted in both workers' compensation claims and injury litigation. [4][5] Health problems attributed to asbestos include asbestosis ...
The Furthering Asbestos Claim Transparency (FACT) Act of 2015 (old bill number- H.R. 526, now Section 3 of H.R. 1927) is a bill introduced in the U.S. House of Representatives by Congressman Blake Farenthold that would require asbestos trusts in the United States to file quarterly reports about the payouts they make and personal information on the victims who receive them in a publicly ...
Charlotte’s bankruptcy court has become a national haven for multibillion-dollar companies facing lawsuits from people sickened by asbestos.
The opinions in 'Juni' present a sea change in the presentation of evidence on the issue of causation in New York asbestos cases. Plaintiffs will need to evaluate their proof on this issue to ...
July 22, 2023 at 4:23 PM. BILLINGS, Mont. (AP) — A health clinic in a Montana town plagued by deadly asbestos contamination must pay the government almost $6 million in penalties and damages ...
Asbestos bankruptcy trusts. Asbestos bankruptcy trusts are trusts established by firms that have filed for reorganization under Chapter 11 of the United States Bankruptcy Code to pay personal injury claims caused by exposure to asbestos. At least 56 such trusts were established from the mid-1970s to 2011.
Litigation related to asbestos is regarded as one of the largest litigation cases in legal history in terms of duration, claim size, and scope. Factors responsible for this include: Asbestos use was extremely widespread: It was used across many sectors, countries, industries and uses.
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