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...asked one consumer sector banker, adding that as well as the litigation liability, the category as a whole was unattractive due to declining populations in Europe and North America....
...“This matter is the subject of litigation and we have already communicated our views on it in the filing referenced. It speaks for itself.”...
...Before Daynard provided a blueprint for litigating against Big Tobacco through his legal-resource group, the Tobacco Products Liability Project, “there was complete consensus among almost all legal authorities...
...But he warned that GSK could face much higher liabilities if his evidence is allowed in trials....
...The Amsterdam-listed group said it had reached a deal with plaintiffs in the US to end “uncertainty” from the litigation, without admitting liability in personal injury claims and a medical monitoring class...
...“Any multiple is simply not how tort litigation works in the US, and it’s not how this is going to unfold,” said Licht, who took over as Reckitt’s boss in October last year....
...A revised Product Liability Directive reverses the burden of proof on manufacturers of physical and digital goods....
...“We want better transparency for downstream companies who need to know what is in their products and supply chain.”...
...litigation process,” Kelly said....
...Google has argued that competition in search had “never been more varied or significant” and that the quality of its products drives demand....
...Paul Taubman, founder of PJT Partners, said on a Thursday earnings call: “I think we’re going to enjoy elevated levels of liability management . . ....
...In such deals, life insurers offload, often to a reinsurer in a foreign jurisdiction, what is essentially a chunk of their liabilities, plus the assets that support those future promises....
...The suits allege that an active ingredient in Roundup gave people cancer. In 2021, Bayer said it would stop selling consumer products with that specific ingredient....
...The energy division also encompasses HomeServices of America, a real estate brokerage enmeshed in its own litigation....
...The act gives Ofcom substantial powers to enforce hefty fines and criminal liability for tech companies that fail to protect under-18s....
...It is grappling with total debt estimated at about €42bn, one of the biggest product liability cases in corporate history, plus a pharmaceuticals growth problem....
...potentially emerging liability today....
...Aviva is re-entering Lloyd’s of London for the first time in more than two decades to boost its exposure to the thriving commercial insurance market....
...Bayer has embarked on a lobbying effort to persuade US states to pass legislation that would cut billions of dollars in liabilities and reduce the legal threat the German company faces from an allegedly...
...Cataloguing data has helped Ogletree, by enabling its lawyers to find documents faster, and keep track of legal procedures and developments in litigation court filings and legal motions....
...AI products....
...The Berkshire unit facing the wildfire litigation, PacifiCorp, has a problem in common with many US utilities: how to fund potentially giant payouts if they’re found liable in future disasters....
...AstraZeneca has settled disputes on stomach drugs Nexium and Prilosec for a combined total of $425mn, “effectively” resolving product liability claims in some US states....
...The company said it would take a pre-tax charge of approximately $4.2bn in the third quarter to cover the cost of the settlement. The earplug litigation is not the only legal liability facing 3M....
...AstraZeneca has settled disputes on drugs Nexium and Prilosec for a combined total of $425mn, “effectively” resolving product liability claims in some US states....
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