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U.S. Bankruptcy Court Approves $500 Million St Paul Travelers Asbestos-Related Settlement
National News • August 18, 2004
The U.S. Bankruptcy Court for the Southern District of New York has issued an order granting approval of a $500 million settlement of almost all Johns Manville Corp. asbestos-related suits pending ...
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| Subject | Posted By | Posted On |
|---|---|---|
| abestos | Donald Gehrls | Jun 2, 2008, 5:01 pm |
| money left? | lenny | Mar 13, 2005, 11:30 am |
| RE: RE: Asbestos Settlement | LORI ADCOCK | Dec 26, 2004, 6:52 pm |
| RE: Asbestos Settlement | Barrie | Aug 21, 2004, 6:37 am |
| RE: RE: RE: RE: RE: RE: Asbestos Settlement | david | Aug 20, 2004, 6:50 pm |
| RE: RE: RE: RE: RE: Asbestos Settlement | Matt | Aug 20, 2004, 6:13 pm |
| RE: RE: RE: RE: Asbestos Settlement | david | Aug 20, 2004, 1:42 pm |
| RE: RE: RE: Asbestos Settlement | j | Aug 20, 2004, 1:06 pm |
| RE: RE: Asbestos Settlement | david | Aug 19, 2004, 4:44 pm |
| RE: Asbestos Settlement | Matt | Aug 19, 2004, 4:35 pm |
| Asbestos Settlement | Kevin | Aug 19, 2004, 1:05 pm |
| RE: RE: RE: RE: RE: RE: Asbestos Settlement | Matt | Aug 19, 2004, 1:17 am |
| RE: RE: RE: RE: RE: Asbestos Settlement | david | Aug 18, 2004, 7:39 pm |
| RE: RE: RE: RE: Asbestos Settlement | Matt | Aug 18, 2004, 6:46 pm |
| RE: RE: RE: Asbestos Settlement | david | Aug 18, 2004, 3:14 pm |
| RE: RE: Asbestos Settlement | david | Aug 18, 2004, 3:13 pm |
| I bet the claimants feel vindicated... | Jay | Aug 18, 2004, 2:46 pm |
| RE: Asbestos Settlement | KevinT | Aug 18, 2004, 2:22 pm |
| Asbestos Settlement | Kevin | Aug 18, 2004, 12:17 pm |
| Back to article | ||
Subject: Asbestos Settlement
However, I'll stand by my original comment: what good is this doing now? The plaintiffs get a pittance, Travelers takes a huge hit & their stockholders lose money. Don't forget the jobs lost at Travelers/St. Paul to help pay for this.
Tell me that the lawyers had the plaintiffs best interests at heart when they vigorously pursued the $741.67 for each & then their firm gets a check for $57,500,000 for their work.
Admit it: the lawyers won the lottery, the plaintiffs get the shaft, you & I pay the final cost.
This has got to end sometime, Matt. We can't have eternal liability for asbestos.