The California Supreme Court, on July 8, 2009, denied a review
bid for an asbestos liability case in which a Los Angeles judge
blasted the unnamed plaintiff’s firm, Waters & Kraus, for
engaging in a “type of judicially sanctioned extortion,”…
provides in-depth news coverage of asbestos-related lawsuits affecting public companies. Areas of focus include claim reserves, asbestos-related litigation costs, insurance coverage, compensatory and punitive damages, workers' compensation rulings, Chapter 11 cases involving asbestos product manufacturers, and statistics on asbestos-related lawsuits and claims.