The average number of companies targeted by some of the biggest asbestos firms in their lawsuits is in the triple-figures, according to recent statistics, leading some, especially those in claims management, to question the strategy of plaintiffs’ lawyers.
Cooney & Conway News
Some asbestos law firms are being dragged into racketeering lawsuits against their colleagues. Now that a federal judge has affirmed its right to do so, Garlock Sealing Technologies recently issued subpoenas to 29 law firms, including Baron & Budd, Brayton Purcell and Williams Kherker Hart Boundas.
Company submitted documents showing Weitz & Luxenberg has filed the most claims against it. Funds from a settlement with three insurers will help create the bankruptcy trust for current asbestos claimants.
Garlock Sealing Technologies has employed a nationally recognized firm to provide notice -- by way of newspaper supplements, magazines, television and even the Internet -- to potential asbestos claimants as part of its bankruptcy proceeding.
JACKSONVILLE, Ill. (Legal Newsline) – As president of the Jacksonville, Ill., Regional Economic Development Corp., Terry Denison visits regularly with major companies like Nestle USA that have expanded their operations into Illinois.
EDWARDSVILLE, Ill. (Legal Newsline) - U.S. Rep. Rodney Davis, R-Illinois, continues to outraise former Madison County judge Ann Callis so far in the 2014 election cycle, boasting a war chest double in size to that of his Democratic opponent's.
EDWARDSVILLE, Ill. (Legal Newsline) - So far in the 2014 election cycle, U.S. Rep. Rodney Davis, R-Illinois, has out-raised his Democratic opponent, Ann Callis, by more than $1 million, in spite of the sizeable donations the former Madison County judge has received from asbestos law firms.
BEVERLY HILLS, Calif. (Legal Newsline) - Perrin Conferences has announced the agenda for its annual Cutting-Edge Issues in Asbestos Litigation Conference.
Werkheiser WILMINGTON, Del. (Legal Newsline) - Owners of bankrupt gasket maker Garlock Sealing Technologies claim clients of asbestos lawyers told contradictory stories of exposure in civil courts and bankruptcy courts.
Hartley CHICAGO (Legal Newsline) - An asbestos litigation expert said rules being developed in asbestos Chapter 11 cases are serving as precedent for resolution of other mass torts.