Entries tagged "asbestos"
Fred Baron, the Texas trial lawyer best known for spearheading the toxic tort litigation movement on behalf of thousands of asbestos-exposed plaintiffs, died from cancer on Oct. 30. The legendary attorney, a founder of Dallas-based law firm Baron & Bud PC, died of a multiple myeloma just weeks after gaining authorization to use Tysabri -- a drug used to treat multiple sclerosis and Crohn's disease, and a possible drug treatment for his ailment. ...
W.R. Grace & Co. loves bankruptcy. The company just celebrated its seven-year anniversary with Chapter 11 in April. And we use the word "celebrate" because no company seems to enjoy bankruptcy more. No seven-year itch here. Nearly every company that's entered bankruptcy because of asbestos liabilities will accept the claims and move on toward a settlement. Not Grace. It is fighting asbestos claims' validity and value, one by one, as if it were a sport. ...
