Courts Monitor Publisher and national correspondent, Sara Corcoran, provides insight on what we can expect in 2018 around the controversial asbestos litigation arena. Here’s an excerpt from her recent Huffington Post article, 2018: Trump-era Justice Asked to Turn The Tables in Asbestos Litigation:
“As 2018 gains full speed, it’s time for my annual look at trends in the nation’s longest-running personal injury litigation – asbestos. You may have peripheral awareness of it due to those “if you or a loved one has been diagnosed with mesothelioma” ads, but its reach is beyond those sound bites playing on loop.
Actually, asbestos lawsuits are the nation’s longest-running personal injury litigation and have driven nearly 100 companies into a special form of banktruptcy, where trust funds are set up to pay future liabilities. Those funds have become controversial and, in 2017, more than a dozen state attorneys general launched an investigation into whether asbestos trusts were skipping required payments to Medicaid or other agencies providing health care to asbestos victims. (When victims receive compensation for asbestos injuries, some of the money may be owed to repay agencies that provided health care, like Medicaid and veteran’s hospitals.)
Likely even more ominous for the plaintiff’s bar in 2018, the state AGs are asking President Trump’s Justice Department to join their investigations of the repayment issue. The letter making that ask was even noted during a U.S. Senate committee hearing.”