GlobalTort

GlobalTort

The Intersection Among Torts, Science, Corporate Law, Insurance & Bankruptcy

Category Archives: Prevention of Product Liability

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Chapter 11 Cases Fail to Properly Deal with Future International Claims Against Multinationals Heavily Involved in Selling Asbestos Fibers or Products

Posted in Asbestos, Corporate or Product Image, Policy Issues, Prevention of Product Liability, Risk Management, Sovereigns
The point of today’s post is to focus attention on issues and topics that arise from relationships between insolvencies and multinationals heavily involved in selling asbestos fibers and/or asbestos-containing products, and their implications for present and future tort claiming and the ability to enforce bankruptcy court injunctions. To illustrate that the topic is well-grounded in… Continue Reading

Eternit, Etex and Asbestos Cement – Global Scale, Decades Ago – How to Deal with Current and Future Claims ?

Posted in Asbestos, Corporate or Product Image, Policy Issues, Prevention of Product Liability, Risk Management, Sovereigns
Monday’s post (12/26) pointed out a variety of product liability, corporate law and compensation issues in the context of one nation (India) and a small group of apparently independent asbestos-cement companies. The point of today’s post is to illustrate macro level complexities that arise due to the cross-border issues that arise from multinationals, globalization and… Continue Reading

Focusing this Week on Global Issues and Future Claims, Starting with Articles on Growing Asbestos Cement Use in India

Posted in Asbestos, Corporate or Product Image, Policy Issues, Prevention of Product Liability, Risk Management, Sovereigns
I keep falling off the “global” side of things. So, this week, I’ll make a special effort to be more global. This week I’m also going to try to focus more on the wide range of issues regarding “future” claims. By future claims, I mean future tort or business to business claims that possibly, likely… Continue Reading

Asbestos Awareness and Asbestos Ban in Dubai

Posted in Asbestos, International Asbestos, Prevention of Product Liability
An article here describes a construction group in Dubai trying to raise consciousness regarding asbestos in building projects. This type of activity was what the US went through in the mid to late 1980s, and it spawned tort litigation seeking to recover the costs of coping with asbestos regulations. According to the article: “By volume,… Continue Reading

Product Liability Prevention – New Work from an Expert

Posted in Prevention of Product Liability
Product liability litigation draws lots of ink and html. Product liability prevention draws far less of both but of course is a strategy that makes sense. Maybe prevention it would obtain more attention if it product liability losses were made the subject of exchange-traded derivative products that constitute bets on the extent of a company’s… Continue Reading