Appeals Court Upholds Mississippi Fraud Verdict Against Asbestos Lawyers
A federal appeals court panel has upheld a $420,000 verdict against two Mississippi lawyers accused by a railroad company of committing fraud during an asbestos lawsuit they filed in 2001. McComb...
View ArticleW.Va. Jury Finds Doctor, 2 Lawyers Filed False Asbestos Claims
A West Virginia radiologist and two Pennsylvania attorneys who were involved in thousands of asbestos lawsuits have been found guilty of civil racketeering for conspiring to fabricate claims against...
View ArticleInsurers’ Annual Incurred A&E Losses Rose 12% in 2012: A.M. Best
While generally not a material drag on the U.S. property/casualty industry’s earnings, industry losses from asbestos and environmental (A&E) claims resumed an upward climb in 2012, according to a...
View ArticleGarlock Ruling Could Shift Asbestos Litigation in Manufacturers’ Favor
A judge who found what he called a “startling pattern” of abuse by plaintiffs’ lawyers may have shifted the landscape of asbestos litigation with a ruling in favor of manufacturers. In a decree last...
View ArticleLaw Firms Accused of Fraud in Asbestos Litigation
U.S. personal injury lawyers allegedly concealed evidence and induced clients to commit perjury to drive up asbestos-related settlements and garner bigger fees, according to lawsuits unsealed on...
View ArticleBASF Case Shows How Liabilities May Emerge Long After Acquisition
When BASF SE acquired Engelhard Corp. nine years ago for $5 billion, executives unknowingly inherited a ticking legal time bomb. It all began decades ago over the seemingly mundane industrial product...
View ArticleOhio Court Seeks Heirs in $2M Asbestos Claim Payout
A northeast Ohio court is trying to track down for heirs to hundreds of rubber workers who died or became very ill because of exposure to asbestos as it looks to pay out about $2 million in legal...
View ArticleFormer New Jersey Lawyer Gets 2 Years for Falsifying Asbestos Suits
A former New Jersey lawyer has been sentenced to serve two years in federal prison after admitting he fraudulently added defendants to more than 100 asbestos lawsuits in New York. Federal prosecutors...
View ArticleAsbestos Trial to Start With Social Distancing in Conference Center, Not...
A West Virginia judge urged parties in dozens of asbestos lawsuits to reach a settlement and avoid the “dreadful experience” of a live trial next week while the coronavirus pandemic rages on. Judge...
View ArticleHow a Bankruptcy ‘Innovation’ Halted Thousands of Lawsuits from Sick Plaintiffs
Attorney Greg Gordon sat before a packed hotel ballroom of bankruptcy lawyers who had come to hear him hold court on his pioneering strategy for companies seeking to dodge billion-dollar lawsuits: the...
View ArticleKoch Industries Gets $2.5B in Dividends From Unit That Offloaded Asbestos...
Industrial conglomerate Koch Industries received nearly $2.5 billion in dividend payments last year from its Georgia-Pacific unit, which had spun off a subsidiary that took on its liability from...
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