Judge Rejects Crane Co.’s Attempt To Nix Asbestos Verdict With Settlement Offsets
(July 14, 2016, 1:26 PM EDT) -- PHILADELPHIA — A federal judge in Pennsylvania on June 15 rejected Crane Co.’ argument that settlements left it with zero liability for an asbestos verdict, saying precedent permits offsets only for settling parties found liable at trial and that the offsets cannot reduce a verdict below the amount awarded by a jury (Lynn C. Dobrick, et al. v. Air & Liquid Systems Corp., et al., No. 10-03202, E.D. Pa.).
(Opinion available. Document #01-160706-001Z.)
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