GlobalTort

GlobalTort

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

Category Archives: Risk Management

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New Thinking and Science As Applied to Regulating Corporations and Compensating Employees After the Fact

Posted in Risk Management
Conglomerate has an interesting new December 14, 2011 post by Marcia Narine on new ideas about what science says regarding how corporations should be regulated and how employees should be compensated. The ideas are set out in a book and forthcoming article from Professor Lynn Stout.  Excerpts from the blog post are below: "But how does… Continue Reading

Managing Future and Current Risks – Directors & Officers at BP Face Class Action Attacks for Alleged Risk Management Failures

Posted in Risk Management
Alleged failure to manage risks is of course is a hot topic today in the wake of the financial fiasco. The topic was previously explored in this post focused on insightful comments by Delaware Chancellor Leo Strine regarding intra-company conflicts of interest in corporate management. Today, the news is that as a result of the oil… Continue Reading

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

Global Asbestos Claiming – Report on Asbestos Litigation in Nine Nations – Munich Re’s Major Compilation of Information

Posted in Asbestos, Asia, EU Developments, Global Tort Litigation, Insurance Coverage for Tort Claims, International Asbestos, Japan, Litigation Industry, Propensity to Claim, Risk Management, Sovereigns
Here is the online image of Munich Re’s recent, comprehensive report on asbestos litigation, Asbestos: Anatomy of a Mass Tort. The 112 page report is authored by Nicholas Roenneberg, and is Order number 302-06142. The report can be downloaded and printed from this page.The same page, on the right hand side, allows you to order… 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

Non-Obvious Issues Arising from Corporate Problems and Subsequent Statements About the Scope/Impact of the Problem

Posted in Risk Management, Securities
Risk managers and lawyes have to think even more about divergent types of fallout from a corporate problems. The point is illustrated by this great post from Kevin LaCroix at D & O Diary. in the post, he airs various non-obvious liability, risk and D & O issues rising from Siemen’s problems with corporate bribery.… Continue Reading