Sheds

Stanford Law’s Nora Freeman Engstrom Sheds Light on New Legal Challenges in Tech Industry

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Palo Alto, Calif. — At Stanford Law School, Nora Freeman Engstrom, a professor specializing in legal ethics, is exploring the intricacies of how routine legal practices may obscure significant ethical dilemmas. Engstrom’s research delves into the deeper implications of seemingly benign legal norms and standards, raising critical questions about the integrity and fairness of our legal system. Engstrom’s findings suggest that what often appears as standardized legal professionalism may, in fact, mask a series of complex ethical issues. Her studies shed light on how the pressure to adhere to the status quo can lead attorneys … Read more

Philadelphia Court Case Sheds Light on Asbestos Litigation and Trust Transparency Issues

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Philadelphia, PA – With industrial corridors filled with the legacy of buildings and factories erected long before the health hazards of asbestos were widely recognized, Philadelphia serves as a poignant epicenter for legacy asbestos litigation. In this bustling city, a complex legal environment unfolds as courts wrestle with cases that balance the tragic health consequences of exposure against the challenges of fairly resolving claims. The legal landscape is especially cluttered with cases of “over-naming,” where plaintiffs’ lawyers list a multitude of companies as defendants in asbestos-related lawsuits. This strategy, while often aimed at ensuring all … Read more

Legal Expert Sheds Light on How Businesses Utilize Bankruptcy Strategy to Address Bulk Tort Litigations

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Cambridge, MA — Corporate America is increasingly turning to a contentious strategy known as “Texas two-step” bankruptcy to manage liabilities from mass tort claims, often involving allegations of harm caused by companies’ products. Experts at Harvard Law School explain that this legal maneuver allows companies to separate their liabilities from their assets, potentially shielding them from significant financial fallout while claimants may find themselves facing complex legal battles. The “Texas two-step,” named for its use of Texas business laws, involves a company creating a separate entity into which liabilities are transferred. This subsidiary then files … Read more

Philadelphia Case Study Sheds Light on Challenges in Asbestos Litigation and Trust Transparency

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Philadelphia, PA — A significant legal challenge currently unfolding in Philadelphia draws attention to the longstanding issue of asbestos litigation and the actions of certain plaintiffs’ lawyers that could undermine the integrity of the legal process. This controversy is highlighted in the practice known as “over-naming,” where lawyers name an extensive array of defendants, many of whom may have minimal or dubious connections to the case. Over-naming in asbestos litigation burdens courts and defendants alike, often leading to prolonged legal battles and increased costs. This practice not only dilutes the accountability of truly responsible parties … Read more