Unveiling the Threat: Mass Tort Epidemic Pushes Federal Bankruptcy System to the Brink
Los Angeles, California – Mass tort exposure has led to a surge of bankruptcies across various organizations, from Johnson & Johnson to the Boy Scouts. This alarming trend is causing significant disruption to the federal bankruptcy system, with adverse consequences for both plaintiffs and bankrupt entities. The only ones truly benefitting from this crisis are the plaintiff lawyers. The strategy employed by trial lawyers to exploit the traditional bankruptcy claims process is both simple and detrimental. Through extensive marketing efforts, including the use of lead generation companies and channels like social media, TV, and radio … Read more