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NEW YORK (Legal Newsline) – A staggering amount of money is at stake as New York’s top court is asked to decide if New York City’s controversial asbestos court is treating defendants fairly.
Asbestos defendants failed to convince New York’s highest court to intervene in a long-running fight over how the New York City asbestos court known as NYCAL does business, leaving them with few options as hundreds of lawsuits march toward trial in the plaintiff-friendly venue.
While the recent sentencing to prison of a once-powerful politician should help discourage abuse in the realm of asbestos litigation, an attorney following the issue says reform of the system is ultimately necessary.
N.Y. asbestos bill continues to idle during gridlock; Finance Committee not discussing at today's meeting
ALBANY, N.Y. (Legal Newsline) - New York lawmakers won't discuss a bill targeting abuses in the asbestos compensation system during today's meeting of the Senate Finance Committee, where the bill, which is similar to legislation passed in 15 states, has sat for three months since being approved by the Judiciary Committee.
NEW YORK (Legal Newsline) – The fight over New York City’s controversial asbestos court is not over, as companies worried about their treatment there are likely to appeal an order that kept alive the possibility for even bigger verdicts.
NEW YORK (Legal Newsline) - The retrial of former New York State Assembly Speaker Sheldon Silver is scheduled to begin Monday on charges including allegations he collected millions of dollars in improper payments from a prominent asbestos law firm, Weitz & Luxenberg.
In proposed Monitronics $28 Million TCPA settlement, attorneys would pocket $9.3M and class members $38
WHEELING. W. Va. (Legal Newsline) – Individual plaintiffs in multidistrict Telephone Consumer Protection Act litigation stand to pocket $38 each in a $28 million settlement proposed in federal court in March.
Honeywell International has interjected itself into the bankruptcy proceeding of the successors to Chicago Fire Brick and Wellsville Fire Brick, companies that spent a decade creating a trust that would pay individuals with asbestos claims. In May, Honeywell asked the federal bankruptcy court in Oakland, Calif., to make those ballots public.
Defendant Honeywell International Inc. appealed the judgment awarded to the spouse and three surviving children of James Lester Phillips. A jury found the mesothelioma contracted by Phillips was caused in part by exposure to asbestos contained in Bendix-brand brakes. Honeywell, formerly known as Allied Corporation and Allied Signal Inc., bought Bendix in 1985.