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...They previously had unlimited liability for risks, which led to huge financial losses after a surge of asbestos claims in the 1990s....
...These other claims could lead to costs of more than $400bn, it estimates....
...A claim can be brought for mesothelioma, asbestos-related lung cancer, asbestosis and pleural thickening....
...In 2020, Bayer reached a $10.9bn settlement over claims and set aside another $4.5bn a year later....
...Instead painting spanning a hundred years by artists of the “Global South” — the “foreigners” — rings out across this oldest, most Eurocentric biennale as Pedrosa claims for Latin American, Middle Eastern...
...With the ever-increasing flood of claims being filed, increased focus from the current administration, and potential upside risks to claimant payouts from social inflation, the end result could prove material...
...It claims Justin Bergeron contracted mesothelioma as a result of using J&J talc containing asbestos....
...Only Moore, who was later unmasked, turned double-agent — or so he claims....
...Greg Gordon For many years, I’ve been involved with companies with asbestos liability, and those liabilities are very difficult for companies to deal with because of the thousands of claims they would get...
...The scheme enabled the company to divide itself into two separate businesses before placing one of them, Bestwall, which contained all the asbestos claims, into bankruptcy....
...“We continue to stand behind the safety of Johnson’s Baby Powder, which is safe, does not contain asbestos and does not cause cancer.”...
...For example, last year Georgia-Pacific paid $2.5bn in dividends to Koch Industries even though it spun off a unit facing thousands of asbestos claims in 2017....
...Simon Sturgis, an architect and environmental consultant who acted as SAVE’s expert witness on embodied carbon, claims M&S refused to examine properly the case for refurbishment....
...Johnson & Johnson has said it will discontinue production of its talc-based baby powder in 2023, as it battles almost 40,000 legal claims that the product caused users to fall ill with cancer....
...Johnson & Johnson said it will discontinue production of its talc-based baby powder in 2023 as it battles almost 40,000 legal claims that the product caused users to fall ill with cancer....
...related to asbestos....
...The NGOs are not seeking damages for harm done or for misleading claims on sustainability as in most other cases....
...Several companies facing asbestos-related claims, including Georgia-Pacific, a US unit of France-based Saint-Gobain and Trane Technologies, have deployed the same “Texas two-step” bankruptcy scheme as J&...
...Turns out his claim that he can “say anti-Semitic things, and Adidas can’t drop me” was wrong....
...tainted with carcinogenic asbestos....
...They have used the scheme to shield their main businesses from legal claims linked to asbestos claims....
...“We continue to stand behind the safety of Johnson’s Baby Powder, which is safe, does not contain asbestos and does not cause cancer,” said J&J....
...The bankruptcy filing has resulted in a stay on almost 40,000 legal claims alleging that the company’s baby talc was sometimes tainted with carcinogenic asbestos....
...The healthcare industry agreed in 1976 to ensure that all talc products do not contain detectable levels of asbestos....
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