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TOP NEWS
Del. Supreme Court Ends J&J Bid To Preserve Asbestos Data
By Jarek Rutz
The Delaware Supreme Court on Friday reversed a Chancery Court ruling that had allowed Johnson & Johnson, Dow Chemical and other major asbestos defendants to pursue a novel effort to stop bankruptcy trusts from deleting decades of asbestos claims records, holding that the companies failed to satisfy the requirements for an equitable bill of discovery.
Opinion attached |
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ASBESTOS
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FOOD & BEVERAGE
CONSUMER GOODS
Just For Men Maker Says Insurers Must Cover Injury Deals
By Danielle Ferguson
The maker of Just For Men hair color products said in a new federal complaint that its excess liability insurers improperly refused to cover personal injury lawsuit settlements connected to allegations that products from the popular line permanently discolored users' faces, after millions in the company's primary policies were exhausted.
Complaint attached |
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LEGAL INDUSTRY
Roundup
GC Cheat Sheet: The Hottest Corporate News Of The Week
By Michele Gorman
There has been a wave of cases alleging employers and their insurance brokers violated the Employee Retirement Income Security Act, and experts say this marks an increasing litigation trend. In the meantime, the American Bar Association is eyeing the elimination of the first of multiple diversity-related law school standards. These are among the stories in corporate legal news you may have missed in the past week.
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