Hints and tips:
...and the role its products played in causing it....
...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....
...All of them are facing billions of dollars in asbestos-related personal injury litigation....
...J&J, which began selling baby powder in 1894, denies its talc-based products contain traces of asbestos and cause cancer....
...If approved, it would become the largest product liability settlement in bankruptcy history, according to lawyers involved in the case....
...As a result, law firm Baker McKenzie expects a “steep increase” in plastics- related lawsuits against companies, a wave that “may even reach the proportions of asbestos, tobacco, or opioid litigation”....
...of liabilities the day before it collapsed into bankruptcy....
...particularly in asbestos cases, are very sick.”...
...So, it’s no longer the case, if this succeeds, that it’s a free product . . . If they’re able to build up a model more like Spotify, I’m wondering if you consider that a bit of a win?...
...Zantac, a possible Zantac product-liability of $3-27bn for GSK....
...a torrent of asbestos-related personal injury litigation that could expose them to billions of dollars in damages, reports the FT’s Jamie Smyth. 3M has deployed a similar but slightly different bankruptcy...
...It said corporate liabilities from litigation between 2022 and 2030 could exceed U$100bn....
...Ian’s family are behind one of 147 product liability lawsuits collectively filed in the US against major social media platforms — Facebook, Instagram, TikTok, Snapchat and YouTube....
...“We’re just looking for accountability for this particular product,” Shirian added. “No one is looking to take guns away from people. It’s very reminiscent of tobacco litigation....
...Kanter is worried about the size and influence of the industry, telling the FT “we’re seeing a once-in-many generation(s) shift in how markets function” and a “once-in-century inflection point in terms of...
...The firm helped J&J create a limited liability company in Texas, forming the subsidiary that would take on the baby talc claims....
...It took three months for Evergrande, weighed down by construction delays, litigation and its vast liabilities of more than $300bn, to formally default, by which time liquidity troubles had engulfed the sector...
...A 2005 federal law granted gunmakers broad immunity from civil litigation, shielding them from being held responsible for the criminal misuse of their products....
...No. There’s a simple reason for this link. Growth stocks offer cash flows in the more distant future than do value stocks: that’s what growth means....
...Given that plutonium and certain fission products will remain radioactive for hundreds of thousands of years, there is a need to secrete them far below the earth’s surface where no one can get to them....
...I would say no.”...
...But we’re already in a place where Shell, ExxonMobil, Total and BP are all facing litigation.”...
...The FDA test indicated the presence of “sub-trace levels of chrysotile asbestos contamination (no greater than 0.00002 per cent) in samples from a single bottle purchased from an online retailer”, the company...
...J&J is fighting litigation on many fronts, from allegations it contributed to the opioid crisis to other product liability suits, including a recent order to pay $8bn in damages in a lawsuit claiming that...
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