Tagged with " asbestos"
Asbestos I: Executive Summary
March 11, 2003 1- Asbestos litigation has not peaked. Although 90% of asbestos claimants are unimpaired, the number of seriously [...]
Asbestos II: Litigation
March 10, 2003 Large verdicts and massive consolidated trials continue to shock investors, but most lawyers agree that nothing new [...]
Asbestos III: “Premises Defendants” Under-Reserved
March 10, 2003 I. Introduction Most companies that have been bankrupted by asbestos claims were defeated because the injuries of [...]
Asbestos IV: Conspiracy Theory in Asbestos Litigation
Introduction Since Johns Manville filed for bankruptcy in 1982, asbestos litigation has bankrupted 71 companies, but the disappearance of these [...]
Asbestos V: Bankrupt Defendants
A C and S A. P. Green AMATEX American Club American Shipbuilding, Inc. Armstrong Cork Company Armstrong World Industries, Inc. [...]
Asbestos VI: Settlements Rejected by Supreme Court
August 31, 1997 The Supreme Court Decision, rejecting the asbestos settlement, will probably improve the asbestos manufacturers’ financial statements…at least [...]
Asbestos VII: McDermott Responds to Plaintiffs Lawyers
Last month, Verdict predicted that McDermott’s stock would rebound when Babcock & Wilcox announced its new policy regarding asbestos claimants. [...]
Asbestos VIII: WR Grace Mergers failed to avoid liability
Introduction: In 1996, Grace completed a reverse merger with a subsidiary of Fresenius AG of Germany. In 1998, Grace completed [...]
Grace reverse mergers failed to avoid asbestos liability
Reverse mergers with Grace cost Sealed Air $732 million & Fresenius $115 million in asbestos liabilities.
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