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DOI10.7249/RR907
报告编号RR-907-ICJ
Bankruptcy's Effect on Product Identification in Asbestos Personal Injury Cases
Lloyd Dixon; Geoffrey McGovern
2015
出版年2015
页数74
语种英语
国家美国
出版者RAND Corporation
领域资源环境
英文摘要One of the most significant developments in asbestos litigation in the past 15 years is the rising rate of bankruptcy among asbestos defendants. More than 100 companies have filed for bankruptcy at least in part because of asbestos lawsuits. As a result, contemporary asbestos ligation now involves both tort suits against solvent defendants and claims for compensation filed with the specially created asbestos bankruptcy trusts. The outcome of an asbestos lawsuit crucially depends on whether litigants in the tort case introduce evidence of exposure to the products of bankrupt parties. If some of these exposures are not identified, more fault can be assigned to the remaining solvent defendants. These defendants are thus likely to end up paying more when such evidence is not developed than when it is. Plaintiffs might also receive more in compensation from the courts and trusts combined if fault is not allocated to the bankrupt parties. This analysis provides empirical evidence that bankruptcy reduces the likelihood that interrogatories and depositions will identify exposure to the asbestos-containing products of the bankrupt parties. It also presents plaintiff and defense perspectives on whether the findings are a cause for concern and what, if anything, should be done in response.
英文关键词Asbestos Litigation Bankruptcy Trusts Legal Damages and Awards
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来源平台Rand Corporation
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文献类型科技报告
条目标识符http://119.78.100.173/C666/handle/2XK7JSWQ/4047
专题资源环境科学
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Lloyd Dixon,Geoffrey McGovern. Bankruptcy's Effect on Product Identification in Asbestos Personal Injury Cases:RAND Corporation,2015.
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