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Minggu, 10 Maret 2019
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Imerys is simply the newest company to file for bankruptcy protection against amphibole claims within the past 3 decades.
There square measure quite sixty trust funds nowadays — holding about to $30 billion combined — stemming from corporations seeking bankruptcy protection from future amphibole liabilities.
More than $20 billion has been paid to innumerable claimants since the primary trust was established in 1988, in keeping with the RAND Corporation’s Institute for Civil Justice.
The U.S. Department of Justice has raised scrutiny of amphibole trusts recently, requesting a lot of transparency and responsibility.
Most talc-related cancer cases square measure settled before a shot begins. However, Johnson & Johnson and
Imerys lost their initial case along in Gregorian calendar month 2018. It value Johnson & Johnson $80 million in correctional and redress. Imerys was charged with $36 million. In Gregorian calendar month 2018, Imerys paid quite $5 million to resolve claims by twenty two girls in one case before the trial began. Johnson & Johnson, that opted to travel to trial within the same case, was hit with a $4.69 billion finding. Imerys and Johnson & Johnson are steadfast in their claims that their product square measure safe and don't contain something that causes cancer. The asbestos-talc combine stems from the mining of the product. each present minerals square measure usually found in shut proximity to every different close to the earth’s surface. Both sides have made testing and consultants that back their claims.
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