Court Vacates Judgment On $3 Million Asbestos Verdict

(July 11, 2016, 2:19 PM EDT) -- BUFFALO, N.Y. — Crane Co. is entitled to a new trial on the issue of whether it acted with reckless disregard for others, leaving it jointly and severally liable for a $3 million asbestos verdict, a New York appeals court held July 8 in otherwise rejecting the company’s challenges (In the Matter of the Eighth Judicial District Asbestos Litigation, Beth Ann Pienta, et al. v. A.W. Chesterton Co., et al., No. 15-01240, N.Y. Sup., App. Div., 4th Dist.; 2016 N.Y. App. Div. LEXIS 5315)....

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