Asbestos and environmental working group study is incorrect and misleading and does not contain information reduces the need for Congress to create a compensation fund for asbestos victims. The report under the auspices of the Association of trial lawyers of America, the only stakeholders group against the Trust Fund legislation, another attempt to divert attention and focus on history.
According to Nobel laureate Joseph Stiglitz, asbestos bankruptcies might cost 60,000 jobs and lower wages for workers laid off by $ 25,000 to $ 50,000 and devalue the 401 (k) s workers at a rate of 25% ("effect of asbestos liabilities to workers in bankrupt companies").
Asbestos litigation leads to bankruptcy of multinational corporations that seek to protect from lawsuits that will soon be $ 100 billion dollars worldwide.
These press releases were distributed commenting on companies responsible Government on legal reforms to end or stop payments, as well as claimants and law firms advertise settlements for their clients.
Mesothelioma a rare form of cancer. It affects the lining of the cavities around the lungs, stomach and heart. It is caused by inhaling asbestos fibers, but cancer usually don't appear until 10 to 40 years after someone first asbestos inhalation.
Is the prohibition of the use and manufacture of certain types of asbestos in 1974. The reconstruction and renovation of old buildings containing asbestos insulation now tightly regulated to protect workers from asbestos-related diseases.
We have seen already at least 70 asbestos bankruptcies. Without legislation, there will be many more. How can anyone say this is good for victims of asbestos, companies, workers and retirees, communities and shareholders?
With regard to asbestos mortality WGA] report contrary to peer-reviewed articles published in leading medical journals. Recently published articles in the British medical journal, (January 31, 2004) and "American Journal of Epidemiology (15 January 2004) confirm that asbestos deaths have peaked in the United States
The Conference is closer than ever to the asbestos litigation reform was long overdue. Members of Congress (Democrats and Republicans), AFL-CIO, and the defendant companies and insurers, all agreed that the status quo on asbestos litigation is absolutely unacceptable. It's bad for businesses, bad for employees and bad for our economy. More importantly, that the current system is hurting those who should be helping victims of asbestos. Intense negotiations resulted in progress towards a consensus Bill. Senate majority leader Bill Frist has pledged to bring the Bill to the floor later this month or in early April. The asbestos Alliance will continue to participate in efforts to enact a fair solution. If WGA] concerned about asbestos victims, they should support these efforts.
The asbestos Alliance is an Alliance that includes companies and trade associations and other parties seeking legislation to Congress to resolve the asbestos litigation crisis in America.
Mesothelioma lawyer fights for compensation for those who suffer from asbestos-related diseases. Malignant mesothelioma is a dangerous type of cancer (not to be confused with lung cancer asbestos) responsible for the death of more than 200, 000 people around the world. Causes of mesothelioma asbestos exposure was limited.
