Asbestos litigation continues to cost businesses billions of dollars each year as the plaintiffs’ bar adapts its strategies in response to economic incentives and legal developments, the U.S. Chamber of Commerce Institute for Legal Reform said in a report released Oct. 23.
The business group said in the report that plaintiffs’ attorneys are filing more lung cancer claims and asserting new legal theories against low-dose and remote defendants.
The report also identified other areas of mass tort litigation that are on the rise, including claims related to Hurricane Sandy, hydraulic fracturing, pharmaceuticals and medical devices. Some areas that were once ...
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