Cancer Codexery

Asbestos law in the United States

The longest, most expensive mass tort in U.S. history.

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Asbestos law in the United States encompasses state and federal regulations, legislation, and litigation addressing the use of, exposure to, and injury from asbestos. It is notable for generating the longest and most expensive mass tort in U.S. history, involving thousands of defendants and hundreds of thousands of claimants, and has led to numerous bankruptcies and the creation of specialized bankruptcy trusts.

Quick Facts

Field
Mass tort litigation and regulation
Jurisdiction
United States
Key issue
Asbestos exposure and injury compensation
Notable for
Longest, most expensive mass tort in U.S. history
Defendants involved
More than 8,000
Estimated total costs
$200 to $275 billion

Facts from the source article.

Background

Ethics allegations against plaintiffs' lawyers have been unsuccessful in stopping litigation. Defense firms allege screening companies with no medical training generate non-malignant claims, and that contingency fees are unreasonable, but courts have not accepted these allegations. Asbestos bankruptcy trusts, established by firms filing for Chapter 11 reorganization, have paid about 2.4 million claims totaling about $10.9 billion up to 2008.

These trusts may pay pennies on the dollar but allow more claimants to receive compensation. Issues of Medicaid and Medicare reimbursement have arisen, with states demanding information from trusts. Courts have reopened discovery when plaintiffs failed to disclose trust claims.

Did You Know?

Frequently Asked Questions

What is Asbestos law in the United States?

It is the combined body of state and federal regulations, legislation, and litigation that governs asbestos use, exposure, and compensation for those harmed by it. The framework spans workplace safety rules, product-liability claims, and the enormous tort system that has grown around the issue.

What corporate consequences has Asbestos law in the United States produced?

The relentless wave of litigation has driven numerous manufacturers and suppliers into bankruptcy. In response, specialized bankruptcy trusts were established to process ongoing claims without requiring new lawsuits against insolvent entities.

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Sources

Compiled from Wikipedia and the sources listed below. Text from Wikipedia is available under CC BY-SA 4.0; this entry is adapted from it.

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