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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 ...
In 2001, the company entered Chapter 11 bankruptcy proceedings to resolve legacy asbestos lawsuits. Asbestos was a minor ingredient in some specialty products that the company had stopped selling almost 40 years earlier, in the 1970s. The company's operations remained healthy and profitable while it was in Chapter 11.
The import, shipment, supply of, and use of all forms of asbestos is banned in Hong Kong under the Air Pollution Control Ordinance (Cap. 311). [28] Before the 1980s, use of the material was common in construction, manufacturing, and shipping. The government banned the use of most asbestos products in public areas in 1978. [29]
The U.S. Environmental Protection Agency on Monday finalized a rule that would ban using and importing cancer-causing asbestos, a material still used in some vehicles and in some industrial ...
Asbestos, which was once common in home insulation and other products, is banned in more than 50 countries, and its use in the U.S. has been declining for decades.
Popcorn ceilings, in pre-1970s and early formulations, often contained white asbestos fibers. When asbestos was banned in ceiling treatments by the Clean Air Act in the United States, [3] popcorn ceilings fell out of favor in much of the country. However, in order to minimize economic hardship to suppliers and installers, existing inventories ...
An asbestos concern could slow renovations, but if they delay too long, Oklahoma County could lose the millions in federal dollars allocated for them.
A $1.2 billion settlement trust was established in 1998 to settle claims arising from asbestos-containing products manufactured by both Celotex and Philip Carey. Celotex emerged from Chapter 11 in 1996.