Search Results for: lawsuit settlement

2024 Legal Landscape: The Future of ‘Creative’ Mass Tort Bankruptcies Hangs in the Balance

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NEW YORK CITY – The potential impact of “creative” mass tort bankruptcies in 2024 is being closely observed by legal experts. These bankruptcies have the potential to make or break the outcomes of major liability cases, and their effects are expected to be significant. Mass tort bankruptcies refer to situations where companies facing multiple lawsuits for liability-related issues seek bankruptcy protection as a strategic move to manage and potentially limit their legal liabilities. This approach allows them to consolidate all litigation in one legal proceeding, negotiate settlements, and establish trust funds for claimants. Legal professionals … Read more

Supreme Court Justice Clarence Thomas Raises Concerns about Legitimacy of Mass-Tort Bellwether Trials

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Washington D.C. – U.S. Supreme Court Justice Clarence Thomas has expressed his concerns about the binding nature of mass-tort bellwether trials in multidistrict litigation. In a recent dissent from the Supreme Court’s decision to deny certiorari in an appeal by E.I. du Pont de Nemours & Co., Thomas voiced his “serious doubts” about using bellwether trials to prevent defendants from relitigating issues that have already been decided in lawsuits by different plaintiffs. The issue arose in a class action suit filed by 80,000 residents who sued E.I. du Pont de Nemours & Co. over the … Read more

Renowned Attorney, Tom Girardi Set for May Trial in High-Stakes California Criminal Case

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LOS ANGELES (AP) — Prominent attorney Tom Girardi will face trial in May in California’s criminal case, as he is accused of multiple charges including fraud, embezzlement, and perjury. Girardi is a renowned lawyer known for his involvement in high-profile cases. The trial, scheduled to begin in May, will be closely watched due to its potential impact on Girardi’s reputation and legal career. Girardi’s legal troubles stem from allegations that he misappropriated millions of dollars from settlements intended for his clients. The scheme allegedly involved diverting settlement funds to support his lavish lifestyle and maintain … Read more

Federal Judge Sets the Stage for Explosive Second Rape Defamation Trial Against Donald Trump

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New York, NY – With Donald Trump’s second rape defamation trial just one week away, a federal judge has issued a stern order that underscores the challenges Trump will face in court. While the former president’s legal team had been hoping for a chance to rewrite history and clear Trump’s name, U.S. District Judge Lewis Kaplan has made it clear that this trial will not be a “do over” of the previous one, which concluded that Trump sexually assaulted journalist E. Jean Carroll decades ago. In a 27-page order, Judge Kaplan emphasized that the upcoming … Read more