Mealey's Asbestos Bankruptcy : Mealey's : Legal News & Analysis

Mealey's Asbestos Bankruptcy

September 14, 2023
Asbestos Firms Appeal Denial Of Standing To Oppose Bankruptcy Settlement

NEW ORLEANS — Two asbestos law firms have appealed a Louisiana federal bankruptcy judge’s finding that they lack standing to oppose a $3.5 million settlement between the Chapter 7 trustee for a bankrupt insulation supplier and two asbestos insurers; it is the second insurance settlement appeal the firms have filed in the case.
September 08, 2023
Illinois Jury Returns $40.75M Verdict In Asbestos Gasket Case

CHICAGO — An Illinois jury returned a $40.75 million verdict in favor of the family of a man who contracted mesothelioma and died after exposure to asbestos in John Crane Inc. products.
September 08, 2023
1 Of Insurer’s 4 Suits Seeking Asbestos Settlement Reimbursement Is Dismissed

OMAHA, Neb. — One suit that National Indemnity Co. (NICO) filed against reinsurers in Nebraska federal court over the insurer’s $157.2 million settlement with Montana regarding alleged asbestos exposures has been dismissed with prejudice because no defendants remain after a wave of stipulations.
September 08, 2023
Kaiser Gypsum, Asbestos Claimant Reps Say Insurer’s Cert Bid Should Be Denied

WASHINGTON, D.C. — There is no divide among the federal circuit courts when deciding who is a party in interest with standing to object to a bankruptcy plan, so review of the Fourth Circuit U.S. Court of Appeals’ ruling that the primary insurer of Chapter 11 asbestos debtors Kaiser Gypsum Co. Inc. and Hanson Permanente Cement Inc. lacks standing to challenge the debtors’ reorganization plan is not needed, the debtors tell the U.S. Supreme Court in an opposition brief that was filed at the request of the court.
September 08, 2023
World Trade Center Asbestos Case Jury Awards $28.5M

NEW YORK — A New York jury awarded a lung cancer sufferer $28.5 million and apportioned various levels of liability to the last three remaining defendants in a case alleging that the former cigarette smoker suffered asbestos exposure while working at the World Trade Center.
September 08, 2023
Latest Bids To Dismiss Chapter 11 Case Of Georgia-Pacific Debtor Denied

CHARLOTTE, N.C. — Two asbestos claimants in the Chapter 11 case of Georgia-Pacific spinoff Bestwall LLC want an update on the proceedings from a North Carolina federal bankruptcy judge after he denied motions to dismiss the case filed by the claimants and the Official Committee of Asbestos Personal Injury Claimants.
September 07, 2023
1960s Asbestos Exposure Claims Discharged By 1983 Bankruptcy, Judge Says

AUSTIN, Texas — While the destruction of court records complicates the matter, a 2016 mesothelioma lawsuit alleging exposure to asbestos in the 1960s constitutes a pre-petition claim discharged in the former employer’s 1983 bankruptcy, a federal judge in Texas said in affirming a bankruptcy court ruling.
September 05, 2023
Asbestos Talc Debtor Settles Truck Driver’s Personal Injury Suit

WILMINGTON, Del. — An affiliate codebtor of talc mining company Cyprus Mines Corp. and talc supplier Imerys Talc America Inc. has settled a personal injury action brought by a truck driver in Vermont for $85,000, according to a motion for approval of the deal that the debtors filed in Delaware federal bankruptcy court.
August 30, 2023
3M, Aearo, Settle Combat Arms Litigation For $6 Billion

ST. PAUL, Minn. — Aearo Technologies LLC parent company 3M Occupational Safety LLC reached a $6 billion settlement resolving Combat Arms earplugs litigation, resolving the largest multidistrict litigation in U.S. history and relieving the entities of tort claims at the heart of a bankruptcy that was dismissed based on the logic of a similar ruling in the asbestos talc bankruptcy case of Johnson & Johnson (J&J) spinoff LTL Management LLC, the companies announced in an Aug. 29 press release.
August 29, 2023
Delaware High Court Says Cognizable Injury Must Manifest In Physical Illness

WILMINGTON, Del. — The Delaware Supreme Court has ruled that with regard to a chemical injury lawsuit, the increased risk of harm constitutes a cognizable injury only when manifested by physical illness.
August 25, 2023
Asbestos Bankruptcy Tort Claims Untimely, Pennsylvania Court Says

HARRISBURG, Pa. — Three plaintiffs’ lawsuits against an asbestos trust filed four years after they received letters allowing such tort actions are barred by the two-year statute of limitations, the Pennsylvania Superior Court said.
August 24, 2023
Judge Orders Claimants To Give Names, Comply With CertainTeed Debtor’s Subpoena

CHARLOTTE, N.C. — Thousands of people who settled mesothelioma claims with CertainTeed Corp. or its spinoff debtor DBMP LLC must identify themselves and comply with the debtor’s subpoena seeking information they submitted to asbestos trusts because they did not show that there are “exceptional circumstances” allowing them to proceed anonymously, a North Carolina federal judge held in affirming a bankruptcy judge’s decision.
August 23, 2023
Dismissal Motion Ordered For J&J Former Debtor’s Suit Over Asbestos Talc Study

TRENTON, N.J. — The author of an asbestos talc study who is accused of fraud by Johnson & Johnson (J&J) spinoff LTL Management LLC must file her proposed motion to dismiss the case by Sept. 8, according to a docket entry by a New Jersey federal judge, who also rejected a pre-motion conference.
August 22, 2023
Judge Denies Motions Seeking To Upend $9.7M Asbestos Verdict

MILWAUKEE — A judge in Milwaukee denied post-trial motions seeking to undo a $9.7 million asbestos verdict, and the defendant indicated that it would move for reconsideration of a third ruling imposing sanctions.
August 18, 2023
Amici Say Potential Fraud Warrants Unsealing Lawyer’s Complaint

LOS ANGELES — A bankrupt asbestos defendant and an industry group, acting as amici curiae, tell a California court that the possibility that an asbestos attorney’s lawsuit against his former employer could reveal ongoing fraud and misconduct warrants unsealing the unredacted version of his complaint.
August 18, 2023
Illinois Wrongful Death Statute Expanded To Permit Punitive Damages

SPRINGFIELD, Ill. — Illinois will immediately begin permitting punitive damages in wrongful death actions after the state’s governor signed legislation amending the state’s wrongful death act.
August 18, 2023
Expert Will Help Advance Asbestos Coverage Suit, Nash Chapter 7 Trustee Says

NEW HAVEN, Conn. — Once the Chapter 7 trustee for debtor The Nash Engineering Co. hires an expert to analyze the company’s insurance coverage for asbestos claims, he will seek to have the automatic stay lifted so certain insurers can continue to prosecute their declaratory judgment coverage action, the trustee says in a status report filed in Connecticut federal court.
August 18, 2023
Receiver, Claimants Appeal Rejection Of Dismissal For Talc Supplier’s Chapter 11

TRENTON, N.J. — The receiver for defunct talc supplier Whittaker, Clark & Daniels Inc. (WCD) and the Official Committee of Talc Claimants in the company’s Chapter 11 case appealed a New Jersey federal bankruptcy court’s denial of their motions to dismiss the case to federal court after their request for a direct appeal to the Third Circuit U.S. Court of Appeals was turned down by the bankruptcy court.
August 17, 2023
No Evidence Of Bankruptcy Trust Shenanigans, Judge Says

GREAT FALLS, Mont. — While a railroad claims that plaintiffs are intentionally delaying submissions to the W.R. Grace & Co. bankruptcy trust, the evidence shows that resolution of those types of claims can take upward of 20 years, a federal judge in Montana said in declining to stay the case and finding that a railroad could not attempt to pin liability on W.R. Grace, settled defendants or the state of Montana under state law.
August 17, 2023
Judge: Supreme Court Ruling On Jurisdiction Can’t Keep Talc Case In California

LOS ANGELES — A recent U.S. Supreme Court ruling finding Pennsylvania’s business registration statute sufficient for jurisdiction does not assist California asbestos plaintiffs because the state lacks a similar statute, a Los Angeles County judge said in granting three defendants’ motion to quash service of summons.
August 16, 2023
Plan Confirmation Hearing Scheduled For Hess Unit HONX

HOUSTON — The parties in the Chapter 11 case of Hess Corp. affiliate HONX Inc. have agreed to a schedule that culminates with a trial on Oct. 10 to confirm the debtor’s plan of reorganization after the plan’s disclosure statement was approved by a Texas federal bankruptcy judge.
August 16, 2023
Bankruptcy Dismissal Lifts Stay Of Asbestos-Talc Appeal, J&J Admits

SACRAMENTO, Calif. — Dismissal of the LTL Management LLC bankruptcy and its automatic stay provision means a Ninth Circuit U.S. Court of Appeals case involving allegations that two talc companies violated the California unfair competition law (UCL) by advertising their products as pure despite knowing that they were contaminated with asbestos may proceed, LTL Management said in an Aug. 15 status update.
August 14, 2023
With Punitive Damages Pending, Parties Settle $20M Asbestos-Talc Case

BRIDGEPORT, Conn. — After the parties filed briefs on the appropriateness of punitive damages in the wake of a $20 million asbestos-talc verdict, one of the defendants told a Connecticut judge on Aug. 11 that the parties had resolved the case, mooting pending post-trial motions.
August 11, 2023
Asbestos Referral Fee Ruling Sends ‘Embarrassment’ Of Case Back To 4th Circuit

BALTIMORE — The Fourth Circuit U.S. Court of Appeals will once again confront a case a judge on the court previously described as “an embarrassment to the legal profession,” after lawyers and law firms hit with more than $1 million in fees and costs for “never once” complying with court-ordered discovery in a dispute over asbestos case referrals filed a notice of appeal on Aug. 10.
August 10, 2023
4th Circuit Denies Full Rehearing Of Georgia-Pacific Debtor Injunction Appeal

RICHMOND, Va. — The Fourth Circuit U.S. Court of Appeals turned down requests by the Official Committee of Asbestos Claimants and the future claimants’ representative (FCR) in the Chapter 11 case of Georgia-Pacific (GP) spinoff Bestwall LLC for the full court to rehear a divided decision affirming injunctive relief for the bankruptcy parties.