Asbestos/Successor Liability Reform: CS/SB 2228 (2005)
Applied provisions of the bill to corporations that are successors
Applied provisions of the bill to corporations that are successors and became a successors before January 1, 1972. Provided that cumulative successor asbestosrelated liabilities of a corporation are limited to fair market value of total gross assets of transferor determined as of time of merger or consolidation. Provided methods by which to establish fair market value of total gross assets.
ATRA praises the passage of HB 6030 in Michigan, enacting COVID-19 liability protections.
ATRA’s statement on the Supreme Court of Pennsylvania’s ruling in Hammons v. Ethicon to allow an out-of-state lawsuit to continue, openly defying SCOTUS precedent.
Amanda Bronstad with Law.com writes about the potential repercussions if the 2019 $465 million judgment against Johnson & Johnson stands.
ATRA files amicus brief in support of Johnson & Johnson’s decision to appeal a 2019 $465 million judgment against the company, warning against the state attorney general’s expansive use of public nuisance law.
ATRA President Tiger Joyce spoke with Juliette Farley of the Southern California Record about Lawsuit Abuse Awareness Week and business interruption lawsuits.