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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....
...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...
...PTTEP Australasia agreed to pay them A$192.5mn, the equivalent of £102mn, in compensation without admitting liability....
...Reckitt has not estimated its potential liability because it is confident it can appeal against the verdict....
...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.”...
...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....
...The German conglomerate maintains that the product is safe and says scientific research supports that view....
...In 2021, Bayer said it would stop selling consumer products with that specific ingredient....
...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 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....
...A cluster of international agreements on climate change are broadly applicable in Dutch civil liability law, it argues....
...The 93-year-old investor, known as the “Oracle of Omaha”, and his anointed successor Greg Abel have been watching as billions of dollars of liabilities accumulate at Berkshire’s energy division....
...Anderson is also facing new concerns over the Roundup litigation, one of the biggest product liability cases in corporate history....
...Its liabilities now stand at Rmb2.39tn....
...Product liability victims clearly understand that dragging cases out is an expensive tactic now that the time value of money has gone up....
...Bayer says it has won seven straight trials, a string of victories that has calmed investor anxieties over litigation liabilities....
...Little litigation has happened in the meantime....
...These actions seek to use consumer protection, racketeering, product liability and other laws to seek damages to pay for climate-related costs....
...The Dutch group’s stock is down some 60 per cent since it announced a recall of its sleep apnoea product in August 2021....
...In October 2015, Vestia and ABN Amro agreed to end all derivatives litigation, with ABN paying €55mn....
...Adobe disputed those claims, stating that it wanted to offer customers new products....
...They rarely choose to enter the tortuous, costly and uncertain world of litigation. So why didn’t creditors sit down with Maduro to negotiate such an agreement?...
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