Travelers $500M Asbestos Settlement Overturned

February 20, 2008

  • February 20, 2008 at 12:35 pm
    Anon says:
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    I just read the 2nd Circuit’s opinion and it appears that if Travelers would of been successful that the settlement would have opened an alternative pathway through bankruptcy courts for resolving many varied litigation matters in the present and future. It sounds like the settlement would of been a good resolution for Travelers given the uncertainty of litigation here and around the world.

  • February 21, 2008 at 2:13 am
    ex-Travelers agent says:
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    Sounds like a windfall … for lawyers.

  • February 24, 2008 at 10:24 am
    widow says:
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    Husband was awarded 60,ooo dollars. But because of the bankrupcy he only rec’d 6,ooo. He has passed away now . It is not easy to get by on a widows pension . But I am better off than some due to my faith in God. I am only hoping to recieve what he was really awarded. Yhat only seems fair.Do the lawyers and judges know what the word fair means?.

  • August 23, 2008 at 6:51 am
    vicki says:
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    If not for lawyers, should we leave our only form of justice to Manufacturer’s or maybe their insurance companies? Your former employer, and ALL the manufacturer’s are all guilty of misleading, misinforming, and out right lying! Shame on you and yours…God see’s and remembers everything. Perhaps, some of you killers should spoon feed your spouses, & care for them after asbestos cancer has eaten eaten thru their spinal cord….bastards!

  • September 26, 2008 at 11:21 am
    Carol Booher says:
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    It never fails to amaze me, how big companies can declare bankruptcy and avoid paying peiople, me incuded, the money they owe them;for causing harm or death to their loved ones. Then they come out of bankruptcy, make millons of dollars, pay their CEO’s big saleries. I don’t know how they can sleep at night. I am a 70 year old widow, who lost my husband to lung cancer due to asbestos exposure. I did receive, some money, but only a portion of what was owed me because of bankruptcy. Now, I have no money to buy heating oil and left with worries and debt.



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