Texas Court Will Decide Jurisdiction In Asbestos Claims Collusion Case
Mealey's (June 28, 2016, 10:37 AM EDT) -- AUSTIN, Texas — The Texas Supreme Court on June 24 agreed to decide whether personal jurisdiction arises from out-of-state plaintiff Pepsi-Cola Metropolitan Bottling Co. Inc.’s allegation that out-of-state defendants attended two in-state meetings involving the resolution of Pneumo Abex LLC asbestos claims (M&F Worldwide Corp., et al. v. Pepsi-Cola Metropolitan Bottling Company Inc., No. 15-0083, Texas Sup.).
In 2011 Pneumo Abex reached a settlement with Cooper Industries LLC and its various entities. Pneumo Abex feared Cooper was restructuring assets in combination with Danaher Corp. in...