The Intersection Among Torts, Science, Corporate Law, Insurance & Bankruptcy
Asbestos claimants continue to pursue GM for asbestos-related recoveries. Here is a story from Bloomberg yesterday on a recent hearing that allowed plaintiffs to move forward with some discovery against GM. Plaintiffs predict possible claims for "billions."
Defendants remaining in the tort system will watch with interest. After all, if GM does not pay, then the plaintiff’s will demand that other defendants pay GM’s share.
It is good to see bankruptcy courts authorizing more investigations into chapter 11 backstories. Here, under investigation, a hedge fund manager was caught and admitted a ‘grave mistake.’ The mistake
Mass tort claiming continues to drive numerous chapter 11 cases. The latest addition to the list is Insys filing due to opioid claims. Some of the prior posturing by the company is reviewed and linked
From Canada and Japan: Yet Another Mass Tort Bankruptcy, and Possible Fraudulent Conveyance: Big Tob
A tobacco company is the latest entity to use bankruptcy to try to limit its obligations for a mass tort. This instance, however, is different because the bankruptcy is in Canada, ownership of the tob