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In 1985, Owens-Corning acquired Aerospace and Strategic Metals Group in Newport Beach, California for $415 million from Armco Inc. [16] [17] The color PINK was trademarked through Owens-Corning in 1986, making it the first company to trademark a color. By 1990, Owens-Corning was the defendant in about 84,500 asbestos-related lawsuits.
Dart Cherokee Basin Operating Co. v. Owens, 574 U.S. 81 (2015), was a case in which the Supreme Court of the United States clarified procedures for removing a class action lawsuit from state court to federal court.
Lawsuit Subject of lawsuit Court of decision Year of decision AT&T Mobility v. Concepcion: contracts that exclude class action arbitration: Supreme Court of the United States: 2011 Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Dabit: SLUSA preempting state law class action claims: Supreme Court of the United States: 2006 West v. Randall
Many of these cases have lead to class action lawsuits and proceedings by the Federal Trade Commision (FTC), resulting in a number of settlements worth millions — or even billions — of dollars ...
With a liability claim, there is a chance that you could face a lawsuit. Legal fees and court settlements can be very expensive, which means there is added risk for you and your insurance company ...
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In 1981, Johns-Manville Corporation was renamed simply Manville. In 1982, facing unprecedented liability for asbestos injury claims, the company voluntarily filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code. [1] Berkshire Hathaway bought the company in 2001, then chairman and CEO Jerry Henry retired in 2004. At that point, Steve ...
To claim your piece of the settlement, you’ll need to fill out a claim form, which can be found on the settlement website. Make sure you submit your completed claim form by Feb. 19, 2025 ...