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Government report shines light on asbestos litigation

Since 1980, companies have put aside over $30 billion for mesothelioma victims

“Attention mesothelioma victims!” may be a familiar line you’ve heard on your television in between your favorite shows. Mesothelioma is a serious form of cancer mainly caused by inhaling asbestos and has caught the attention of lawmakers lately.

According to a U.S. government report, companies have set aside more than $30 billion for victims of mesothelioma since the 1980s. In fact, asbestos lawsuits have played a role in approximately 100 companies going bankrupt. One such company is a gasket manufacturer called Garlock. As part of its $1 billion bankruptcy case, a judge has slashed what the manufacturer owes asbestos victims after learning that the victim's lawyers abused the system.

Contributing Author

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Amanda Ciccatelli

Amanda G. Ciccatelli is a Contributing Writer for InsideCounsel, where she covers the patent litigation space. Amanda earned a B.A. in Communications and Journalism from...

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