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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 first employee claims for injury from exposure to asbestos in the workplace were made in 1927, [64] and the first lawsuit against an asbestos manufacturer was filed in 1929. [65] Since then, many lawsuits have been filed.
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In 2022, the company filed a $4.1 billion lawsuit against Union Carbide, a subsidiary of the Dow Chemical Company based in Texas, claiming it did not inform Kelly-Moore about asbestos hazards ...
The railroad — now owned by Warren Buffett's Berkshire Hathaway Inc. — hauled asbestos-tainted vermiculite from a nearby mine through Libby, Montana, over decades. ... California, filed a ...
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.
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