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Due Diligence
‘The greatest innovation in the history of bankruptcy’ Premium content
...It has also enraged personal injury lawyers, politicians and claimants, some of whom are very sick with cancers they allege are linked to asbestos exposure....
October 26, 2022
The Big Read
‘Texas two-step’: the US legal move letting corporations off the hook
...Frei was diagnosed with tinnitus and now, almost a decade later, is one of 230,000 personal injury claimants who are suing the Minnesota-based conglomerate 3M, which they allege sold the army faulty Combat...
October 25, 2022
FT Live
Innovative Lawyers Awards Asia-Pacific
Celebrating innovations from both law firms and in-house teams in the region
Thursday, 16 MayHong Kong
News in-depthLegal services
‘Texas two-step’ outcry risks ending fee bonanza for law firm Jones Day
...A key feature of the manoeuvre is that personal injury claims are halted during the bankruptcy process, which can drag on for years....
February 6, 2022
Patti Waldmeir
Why the courts are standing between me and a decent haircut
...There could be millions of potential litigants — more than in any mass injury situation, such as the 9/11 terrorist attacks, the BP oil spill, or even decades of asbestos litigation....
May 4, 2020
Professional services
Careful steering takes General Motors, Takata through quagmire
...The parties devised a channelling injunction — a legal structure used in asbestos cases in the 1980s — to direct claims for personal injury and wrongful death into a trust....
December 11, 2018
Work & Careers
Class action culture spreads across Australia
...There are now statutory caps on damages in personal injury litigation and restrictions on lawyers’ advertising....
March 8, 2006
FT Live
Innovative Lawyers Summit
Guiding business in a new global age
Wednesday, 11 SeptemberLondon, UK
LombardUK coalition government
Lombard: A profitable game of poker with Carl Icahn
...That has been the task facing Simon Freakley of Kroll, the joint UK administrator of T&N, since Federal-Mogul went into Chapter 11 bankruptcy protection in 2001 because of asbestos liabilities and a restructuring...
September 27, 2005
UK schools
Full text: State of the Union Address
...Personal retirement accounts should be familiar to federal employees, because you already have something similar, called the Thrift Savings Plan, which lets workers deposit a portion of their paychecks into...
February 3, 2005

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