A company with three manufacturing plants in southern Minnesota wants a change in state law in order to shield itself from future asbestos claims.
Crown Holdings Inc. says its 1963 merger with a rival company left it with assets as well as liabilities of its acquisition, even though Crown never directly manufactured asbestos.
Attorney Mark Behrens says Crown had no idea its $7 million deal would eventually result in $700 million in litigation costs as a result of asbestos claims.
The Philadelphia can manufacturer has successfully argued for the law change in 15 states, including Wisconsin.
Opponents say a change in state law would allow the company to skirt its legal obligations.
Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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