Asbestos Litigation

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Rand Corporation, Jul 7, 2005 - Law - 206 pages
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Asbestos litigation is the longest-running mass tort litigation in U.S. history. Through 2002, approximately 730,000 individuals have brought claims against some 8,400 business entities, and defendants and insurers have spent a total of $70 billion on litigation. Building on previous RAND briefings, the authors report on what happened to those who have claimed injury from asbestos, what happened to the defendants in those cases, and how lawyers and judges have managed the cases.
 

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Contents

Chapter One Introduction
1
Chapter Two Injuries from Asbestos Exposure
11
Chapter Three Asbestos Litigation Dynamics
21
Chapter Four Claimants and Defendants
69
Chapter Five Costs and Compensation
87
Chapter Six Bankruptcies
107
Chapter Seven Implications for the Future
125
Appendix A Comparison of Projections of AsbestosRelated Diseases
135
Appendix B Estimated Cases of Mesothelioma in the United States 19852009
141
Appendix C Constructing the Jury Verdict Databse
147
Appendix D Major Asbestos Bankruptcies
151
Bibliography
157
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