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...All of them are facing billions of dollars in asbestos-related personal injury litigation....
...A key feature of the manoeuvre is that personal injury claims are halted during the bankruptcy process, which can drag on for years....
...Jones Day claimed almost $60mn in court-approved bankruptcy fees for advising companies on a complex corporate restructuring process that can shelter them from paying out large personal injury awards, as...
...Madison County itself has a population of about 270,000 but has become famed for its liberal attitude towards tort law, attracting a host of class action law suits and personal injury claims....
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