Mesothelioma & Asbestos News
Congoleum Corporation has been battling insurance companies for years in bankruptcy court and the company's plan to exit Chapter 11 protection is being met with objection by insurers.
An agreement for W.R. Grace to reimburse the federal government $250 million for investigating and cleaning up asbestos contamination in a Montana town was recently approved by a federal bankruptcy judge.
A study conducted by the Lloyd's Asbestos Litigation Reporter indicates that Foster Wheeler Ltd. remains the company with the highest number of open asbestos claims.
There is something positive offered to all sides in the huge settlement from litigation involving W. R. Grace & Co. and thousands of asbestos victims.
Southfield-based Federal-Mogul Corporation, finally free from the shackles of bankruptcy, is now flush with cash, has a new owner, $3.5 billion in borrowing availability, and is looking to make acquisitions.
W.R. Grace & Co., former asbestos producer, is hopeful about emerging from bankruptcy protection by early next year after reaching an agreement with asbestos claimants that could cover personal injury claims for up to $3 billion.
Dana Corp. is agreeing to pay 7,500 personal injury claimants a total of $2 million to resolve their lawsuits stemming from asbestos-laden gaskets that were produced by the company.
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Patients who have been exposed to asbestos come from across the country for a diagnosis from this national expert.
Tamara Olympia was in the process of printing out a 150-page report when the lights flickered. "I thought there were Con Ed issues," she said of the utility company that inflicts such summer courtesies and worse upon its customers. "Then the floor started to vibrate"...
Frank Vaccarelli was known as a man who didn't like to lose, and Vaccarelli won his last battle. Mesothelioma, the demon, took one of his lungs, but it didn't take his life.
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Results
The jury awards and settlements we have received for our clients are among the highest in the country.
Occupation/Exposure
Laborer
Age
67
Results
~$102,200,000
Occupation/Exposure
Laborer
Age
76
Results
~$15,000,000
Occupation/Exposure
Plumber / Mechanic
Age
55
Results
~$13,500,000
Occupation/Exposure
Asbestos Abatement Worker / Painter
Age
74
Results
~$12,500,000
Occupation/Exposure
Pipefitter / Household
Age
60
Results
~$12,200,000