Mesothelioma Lawsuits: 5 of the Biggest Settlements Ever
Mesothelioma is a rare form of cancer that is most commonly caused by exposure to asbestos. Many individuals and families who have been affected by the disease have filed lawsuits against companies that manufactured and used asbestos in their products.
Here are some of the biggest lawsuits involving mesothelioma:
Johns-Manville Corporation: In 1982, Johns-Manville Corporation, a manufacturer of asbestos products, filed for bankruptcy due to the high number of mesothelioma lawsuits against the company. As part of the bankruptcy proceedings, the company set up a trust fund to compensate victims of asbestos-related diseases, including mesothelioma.
Owens Corning: In 2006, Owens Corning, a manufacturer of insulation products that contained asbestos, reached a settlement with victims of mesothelioma and other asbestos-related diseases. The settlement, which was worth billions of dollars, was one of the largest in U.S. history.
3M Company: In 2018, 3M Company, a manufacturer of protective equipment that contained asbestos, reached a settlement with mesothelioma victims. The settlement, which was worth hundreds of millions of dollars, was the largest in the company’s history.
Garlock Sealing Technologies: In 2016, Garlock Sealing Technologies, a manufacturer of gaskets and seals that contained asbestos, reached a settlement with mesothelioma victims. The settlement, which was worth hundreds of millions of dollars, was the largest in the company’s history.
Asbestos Trust Funds: Many companies that used asbestos in their products have established trust funds to compensate victims of mesothelioma and other asbestos-related diseases. These trust funds, which are often worth billions of dollars, have provided compensation to thousands of individuals and families affected by mesothelioma.
Overall, the biggest lawsuits involving mesothelioma have resulted in billions of dollars in settlements for victims of the disease. These lawsuits have helped to hold companies accountable for exposing individuals to asbestos and have provided much-needed financial compensation to those affected by the disease.