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Asbestos litigation is the longest, most expensive mass tort in U.S. history, involving more than 8,000 defendants and 700,000 claimants. [1] By the early 1990s, "more than half of the 25 largest asbestos manufacturers in the US, including Amatex, Carey-Canada, Celotex, Eagle-Picher, Forty-Eight Insulations, Manville Corporation, National Gypsum, Standard Insulation, Unarco, and UNR Industries ...
Some 30 years shingles only lasted 10 years. CertainTeed denies that the shingles were faulty, but quit manufacturing that particular type in 2005. The Court's role in the Settlement was to make sure there was a proper and fair settlement and did not decide in favor of either the Class or CertainTeed. [7]
A $1.2 billion settlement trust was established in 1998 to settle claims arising from asbestos-containing products manufactured by both Celotex and Philip Carey. Celotex emerged from Chapter 11 in 1996.
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A St. Louis jury has ruled that Ford Motor Co. and other companies must pay $6 million to a Missouri family over claims that a woman's death was caused by exposure to asbestos, including from dust ...
In 2022, the company filed a $4.1 billion lawsuit against Union Carbide, a subsidiary of the Dow Chemical Company based in Texas, claiming it did not inform Kelly-Moore about asbestos hazards ...
Asphalt shingles on a home in Avalon, New Jersey. Two types of base materials are used to make asphalt shingles, organic and fiberglass.Both are made in a similar manner, with an asphalt-saturated base covered on one or both sides with asphalt or modified-asphalt, the exposed surface impregnated with slate, schist, quartz, vitrified brick, stone, [6] or ceramic granules, and the under-side ...
In the late 19th century and early 20th century, asbestos was considered an ideal material for use in the construction industry. It was known to be an excellent fire retardant, to have high electrical resistance, and was inexpensive and easy to use.