A new, first-of-its-kind study of claims made to asbestos bankruptcy trusts shows widespread inconsistencies in the information single asbestos plaintiffs provide to the different trusts. These trusts currently hold over $30 billion in assets. Despite these “red flags” and the …
Whether Garlock Sealing Technologies LLC, plaintiffs’ lawyers, or both are responsible for suppressing evidence related to asbestos claims against an EnPro Industries Inc. unit is a question to be decided Dec. 4 at a hearing in U.S. Bankruptcy Court in …
The official committee representing creditors with asbestos claims against Garlock Sealing Technologies LLC will urge its constituents to vote against the company’s reorganization plan, even though Garlock said it pays claimants in full. The official representative of future asbestos claimants, …
Honeywell International Inc., whose political action committee donates more money than any other corporate PAC, and the U.S. Chamber of Commerce, which spends more to lobby Congress than anyone else, saw long-sought legislation on asbestos claims advance in Congress today. …
The Wisconsin Assembly has passed a bill opponents say would slow asbestos-exposure lawsuits. The measure would require plaintiffs to reveal how many businesses their attorneys plan to go after. Republican supporters say such a move would prevent lawyers from hiding …
Asbestos-exposure lawsuits would be slowed until plaintiffs reveal how many businesses their attorneys plan to go after under a bill introduced Thursday by a Republican lawmaker, who said the measure would prevent lawyers from hiding multiple claims in hopes of …
A company with three manufacturing plants in southern Minnesota wants a change in state law in order to shield itself from future asbestos claims. Crown Holdings Inc. says its 1963 merger with a rival company left it with assets as …
A national bottle-top maker that’s grown weary of some $700 million in asbestos claims it’s paid out to victims of lung disease has arrived in the Idaho Legislature as part of its years-long, state-by-state trudge to shield itself from forking …