What types of companies may be legally responsible in an asbestos claim or lawsuit? (article)
What types of companies may be legally responsible in an asbestos claim or lawsuit?
The following are examples of the types of companies that may be legally responsible for causing an asbestos related injury:
Bankrupt Companies
Many companies who made asbestos-containing products entered into bankruptcy proceedings through which �trust funds� were established for present and future �claimants� who were injured or who would suffer injury in the future from past exposures to the bankrupt company�s products. Many of these companies were reorganized in the bankruptcy proceedings and continue to do business today, but cannot be sued in the court system due to the bankruptcy proceedings which established the trust claims proceedings as the sole remedy against the company for asbestos related claims.
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