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20 Jun 2024, 6:25 am
As a condition to the receipt of a distribution under the KG Plan, uninsured asbestos claimants were required to provide the KG Asbestos Trust with: (i) evidence of claims they have filed with other asbestos trusts; and (ii) an executed release that allows the KG Asbestos Trust to obtain information concerning those claims (collectively, “Anti-Fraud Disclosures”). [read post]
20 Jun 2024, 6:25 am
As a condition to the receipt of a distribution under the KG Plan, uninsured asbestos claimants were required to provide the KG Asbestos Trust with: (i) evidence of claims they have filed with other asbestos trusts; and (ii) an executed release that allows the KG Asbestos Trust to obtain information concerning those claims (collectively, “Anti-Fraud Disclosures”). [read post]
20 Jun 2024, 6:25 am
As a condition to the receipt of a distribution under the KG Plan, uninsured asbestos claimants were required to provide the KG Asbestos Trust with: (i) evidence of claims they have filed with other asbestos trusts; and (ii) an executed release that allows the KG Asbestos Trust to obtain information concerning those claims (collectively, “Anti-Fraud Disclosures”). [read post]
7 Jun 2024, 5:29 am
They disagree about whether the plan should include “anti-fraud” provisions that would make it harder for claimants to make duplicative claims against multiple asbestos companies. [read post]
7 May 2024, 1:23 pm
Despite the support from these putative claimants, LTL 2.0 didn't get very far. [read post]
6 May 2024, 10:00 pm
Mass torts claimants can result from a myriad of situations, for instance, from exposure to asbestos or benzene, sexual abuse, or wildfires started by a power company. [read post]
1 May 2024, 6:00 am
Asbestos companies fight to prevent claimants from joining forces. [read post]
26 Apr 2024, 12:05 pm
”[4] By 1990, testifying in the Virgin Islands, Egilman had appeared upon the asbestos scene. [5] And then, Egilman seemed to be everywhere. [read post]
22 Apr 2024, 6:39 am
appeared first on Asbestos & Mesothelioma Law Blog. [read post]
13 Apr 2024, 3:33 pm
Prelude to Litigation Phenylpropanolamine (PPA) was a widely used direct α-adrenergic agonist used as a medication to control cold symptoms and to suppress appetite for weight loss.[1] In 1972, an over-the-counter (OTC) Advisory Review Panel considered the safety and efficacy of PPA-containing nasal decongestant medications, leading, in 1976, to a recommendation that the agency label these medications as “generally recognized as safe and effective. [read post]
9 Apr 2024, 7:03 am
Boards and Commissions may allow for a claimant’s flawed, but explainable, memory [see Matter of Updike v. [read post]
22 Mar 2024, 8:20 pm
, Asbestos Claimants Maybe be Impacted by US Supreme Court Decision, www.gelmans.com (03/22/2024)......ORDER NOW .... [read post]
15 Mar 2024, 8:41 am
The asbestos claimants and Kaiser Gypsum itself (the debtor) filed separate briefs supporting the exclusion of the insurer from the process, but they both make much the same argument. [read post]
8 Mar 2024, 9:05 pm
Melanson suggests instead that Section 524(g)’s legislative history contemplated expansion beyond the asbestos context and that non-debtor releases would maximize claimants’ potential recovery. [read post]
6 Mar 2024, 7:00 am
” The claimant and the other defendant opposed this action, and the judge denied the request. [read post]
12 Feb 2024, 8:35 am
appeared first on Asbestos & Mesothelioma Law Blog. [read post]
9 Jan 2024, 4:54 pm
Both petitions failed.Plaintiffs’ attorneys have remarked the bankruptcy tactics aimed to avert jury trials and succeeded in stalling justice for claimants. [read post]
1 Jan 2024, 9:05 pm
The seminal case, Manville, resolved legacy asbestos liabilities through debtor and third-party funding of a claimant trust and an order channeling all Manville asbestos liabilities, present and future, to that trust for administrative resolution and payment. [read post]
2 Dec 2023, 10:40 am
Moreover, the trustee continues, except for a single provision (that is not relevant to this case because it deals with asbestos), nothing in the Bankruptcy Code suggests that courts have the power to provide the Sacklers with releases from personal liability to creditors and victims. [read post]
13 Nov 2023, 7:51 am
Kaiser, who sold and made products with asbestos, was named in over 38,000 asbestos injury suits, causing the company to go bankrupt. [read post]
