Asbestos law dates back to 1929 in the United States. However, by the 1970s, the evidence of the material as a substantial health hazard had become abundantly clear. This changed the way asbestos claims were viewed.
In the early 1980s, the some plaintiffs started receiving multi-million dollar jury awards and settlements for asbestos claims. This caused the Manville Corporation, formerly the Johns Manville Corporation, a Fortune 500 company, to file for bankruptcy protection. The Manville Corporation was an asbestos manufacturer that had thousands of lawsuits brought against the company related to the health effects of the product.
Court documents showed that the Manville Corporation had a long history of hiding evidence of the harmful eff...
Posted : August 15, 2010 |
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