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2 May 2008, 3:10 pm
From the Wall Street Journal Legal Blog - Tax firm Caplin & Drysdale was appointed national counsel for the asbestos claimants’ committee in the bankruptcy of Babcock & Wilcox, a maker of boilers and generators. [read post]
1 May 2008, 3:03 pm
Here’s what happened: Tax firm Caplin & Drysdale was appointed national counsel for the asbestos claimants’ committee in the bankruptcy of Babcock & Wilcox, a maker of boilers and generators. [read post]
7 Apr 2008, 12:37 pm
The company said Monday that it has reached the tentative settlement with a committee of asbestos personal injury claimants, a representative handling future claims and a committee of Grace stockholders. [read post]
8 Mar 2008, 3:20 pm
  The bankruptcy judge presiding over Grace's proceeding ruled that she won't estimate the amount of Grace's liability to asbestosis claimants until -- wait for it -- the claimants submit proof that they actually have asbestosis! [read post]
2 Mar 2008, 3:46 am
It was alleged that all of the claimant’s employers had materially increased the risk of damage to the claimant as a result of exposing him to asbestos. [read post]
25 Feb 2008, 7:00 am
  The facultative certificate contained an arbitration clause that provided for final and binding arbitration in the event of a dispute between the parties concerning the interpretation of that agreement.Employers initiated arbitration against Global to recover its share of loss payments made to Coke for certain asbestos claims. [read post]
25 Jan 2008, 6:20 pm
  The number of occurrence issue is of major importance to insurers and their insureds in asbestos, construction, sexual abuse, and other multiple-claimant coverage disputes. [read post]
23 Jan 2008, 7:04 am
Jan. 22, 2008), the insured sought defense and indemnity for multiple asbestos claims spanning successive policy periods. [read post]
16 Jan 2008, 1:47 am
Aetna Casualty & Surety Co., 255 Conn. 295 (2001), the trial court ruled in favor of the defendant reinsurers, finding that Hartford could not prove that the exposure of one claimant to asbestos or the exposure of multiple claimants at a single place and time caused all of the subject claims, which was necessary in order for the losses to be aggregated under the treaty’s “common cause” language. [read post]
15 Jan 2008, 3:52 pm
The Langston firm has represented thousands of asbestos claimants and says it has "significant" experience in the emerging field of manganese welding-rod litigation, also a specialty of the Scruggs law firm. [read post]
9 Jan 2008, 10:39 am
Amidst its creditors are a number of asbestos claimants. [read post]
23 Dec 2007, 5:21 am
  As a result, the case has been remanded to the trial court to consider extrinsic evidence of the parties' intent.The ruling is somewhat surprising, as the same court had ruled six years ago in Metropolitan Life that the "cause" test requires that the number of "occurrences" in asbestos litigation be determined by reference to each individual claimant's injuries and not by reference to the insured's failure to warn. [read post]
20 Dec 2007, 7:33 pm
” Two dissenting justices argues that the majority’s analysis created an unreasonable “Hobson’s choice” for the Liquidator, as it must either pay out the limited assets of the Estate now and leave future claimants without relief or delays payments indefinitely while the Estate meanwhile “hemorrhages” administrative costs. [read post]
11 Nov 2007, 10:29 am
If the Vioxx settlement indeed manages to capture 85 percent of claimants and to avoid paying frivolous claims, then later defendants will follow this model. [read post]
26 Oct 2007, 1:20 am
Claimant personal injury lawyers have condemned last week's House of Lords ruling that bars people who have developed pleural plaques after exposure to asbestos at work from suing employers for damages. [read post]
16 Oct 2007, 1:05 am
Nieces and nephews of a Jewish publisher and art collector and his wife, who both died in 1930s Germany, sued their ex-lawyer, claiming his errors caused them to have to share restored property and funds with another claimant. [read post]
13 Oct 2007, 7:39 am
American bankruptcy law clearly recognized future claimants, people who may have been injured by past activity but may not yet be sick, which is often the situation with asbestos exposure. [read post]
12 Oct 2007, 9:14 am
Asbestos Workers Local 84 (DST Insulation, Inc [read post]
25 May 2007, 12:55 am
Judge Voids Congoleum's Pact With Asbestos Claimants New Jersey Law Journal A New Jersey judge has ruled that Congoleum's insurance carriers don't have to fund a $500 million settlement with the company's asbestos claimants because it was a bad-faith deal engineered by lawyers acting collusively. [read post]
23 May 2007, 1:42 am
" Judge Voids Congoleum's Pact With Asbestos Claimants, Faulting Lawyers "A New Jersey judge has ruled that Congoleum Corp.'s insurance carriers don't have to fund a $500 million settlement with the company's asbestos claimants, calling it a bad-faith deal engineered by lawyers acting collusively. [read post]