Search for: "Asbestos Personal Injury Settlement Trust"
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12 May 2016, 6:02 am
The Pittsburgh Corning Modified Third Amended POR establishes the Pittsburgh Corning Asbestos Personal Injury Settlement Trust. [read post]
21 Mar 2016, 4:00 am
Garlock a member of the EnPro Industries consortium had made asbestos gaskets.Asbestos is a known carcinogen and causally connected with lung cancer, mesothelioma and other malignancies as well as asbestosis.Today's post is shared from reuters.com "EnPro Industries Inc said it has agreed to a $480 million settlement to resolve current and future personal injury claims related to its asbestos-lined gaskets used in pipes, valves and other… [read post]
4 Feb 2016, 7:29 pm
The bill would require asbestos trusts to file public reports detailing sensitive, personal information of victims who receive compensation from the trusts. [read post]
12 May 2015, 9:09 am
Some companies have alleged that claimants—often with the assistance of crooked personal-injury attorneys—have sued for damages for asbestos exposure in one or more courts of law, received a settlement or verdict in their favor, and then turned around and made a claim for compensation from one or more of the asbestos-injury trusts, or vice versa. [read post]
27 Sep 2014, 10:06 am
The Wallace & Gale Asbestos Settlement Trust, 439 Md. 333, 96 A.3d 147 (2014). [read post]
15 Mar 2013, 9:13 am
Trust payments represent settlements of former a asbestos defendants. [read post]
2 Oct 2012, 10:05 am
The personal injury lawyer organization contends that Garlock has made a host of similar claims since it entered bankruptcy proceedings in 2010. [read post]
23 Jul 2012, 8:37 am
By the time the debtors filed for chapter 11 protection in late 2007, they had faced more than 10,000 claims and suits for personal injury or wrongful death arising from asbestos exposure, of which roughly 2,000 were pending at the time of bankruptcy. [read post]
6 Jun 2012, 7:45 am
Bankruptcy trusts as well as non-bankrupt companies still do not recognize heart disease as an asbestos related disease nor do they offer settlement funds to those who have suffered a stroke. [read post]
24 May 2012, 12:09 pm
The reinsurance treaty involved was an excess of loss treaty with a $100,000 retention and a maximum $4.9 million payable by the reinsurers for any one loss subject to a $3 million limit for personal injury or property damage liability. [read post]
2 May 2012, 9:19 am
The firm also issued a tax alert on the recent landmark trust residence decision in Fundy Settlement v. [read post]
Non-final orders, jurisdiction, and fresh pasta with tomatoes, rosemary and braised kale with garlic
4 Mar 2012, 1:47 pm
THOMPSON, and JAMIE ROUTH COX, individually, and as trustee, Appellees. 2nd District.Estates -- Personal representative -- Appointment -- Circuit court abused its discretion in appointing decedent's mother as personal representative over decedent's surviving spouse -- While the circuit court has discretion to appoint someone other than the statutorily preferred individual if the record shows that the preferred person is not fit to serve as personal… [read post]
23 Feb 2012, 6:18 am
If the Court opens the gates to international claimants who have been victimized by the asbestos industry, future Asbestos Personal Injury Settlement Trusts may need to be set up in consideration of a much larger victim pool needing compensation. [read post]
22 Feb 2012, 6:49 am
Traditionally, lawyers representing plaintiffs in mesothelioma personal injury actions have filed both lawsuits, and at some point during litigation, Asbestos Personal Injury Settlement Trust claims as well. [read post]
1 Feb 2012, 10:21 am
The reinsurance treaty involved was an excess of loss treaty with a $100,000 retention and a maximum $4.9 million payable by the reinsurers for any one loss subject to a $3 million limit for personal injury or property damage liability. [read post]
18 Jan 2012, 4:10 am
These reports have been used to extract billions of dollars in settlements from defendants in the tort system and from asbestos bankruptcy trusts which have been created with the assets of the companies that were bankrupted by asbestos litigation. [read post]
5 Dec 2011, 11:58 am
Just because of the sheer volume, the possibility for fraud exists within the system of trusts set up by bankruptcy courts to deal with asbestos personal injury claims. [read post]
21 Oct 2011, 3:43 am
The report, Asbestos Injury Compensation: The Role and Administration of Asbestos Trusts [PDF], reviewed 52 asbestos-related bankruptcy trusts that “have paid about 3.3 million claims valued at about $17.5 billion. [read post]
21 Sep 2011, 4:20 am
It would thus seem to be a perfect storm for lawsuits: the government has given multiple wealthy corporations almost carte blanche to engage in a dangerous process which can cause serious property damage and personal injury. [read post]
11 Aug 2011, 12:11 pm
Market effect: prone to circular reasoning, and injury is always disputed. [read post]
