Asbestos Liability Reform- Successor Liability: H.B. 4 (2003)
Provided that if a company with liability for mining or
Provided that if a company with liability for mining or sale of asbestos-containing products was merged or acquired by a successor prior to May 13, 1968, the limit of the successor company’s liability for asbestos claims as a result ofthe acquisition is limited to the FMV of the acquired company at the time of acquisition. The limitation applies to “successors of successors,” based on the FMV of the initially acquired company at the time of the initial acquisition.
ATRA’s statement on passage of Amendment 1 to Illinois House Bill 3360
ATRA’s statement on Amendment 1 to Illinois House Bill 3360
ATRA President Tiger Joyce released the following statement in response to the unprecedented attack on the U.S. Capitol building on January 6:
ATRA voices its disappointment as Congress fails to include liability protections in its latest COVID-19 relief package.
ATRA President Tiger Joyce writes in this op-ed about a growing trend of state courts bucking SCOTUS precedent when it comes to personal jurisdiction.
Activism in AG’s office, Supreme Court’s acceptance of lawsuit funding and loose venue rules to blame