RAND Study Identifies Emerging Trends in Asbestos Litigation
September 10, 2001
subMore Than Half of All Industry Now Involved; Bankruptcies to Continue over Next Two Yearsendsub
icA endicccording to a recent study completed by the RAND Institute for Civil Justice, asbestos litigation is both changing and growing - to the point where over half of all major industries are involved in the litigation and where all major asbestos defendants are predicted to be in bankruptcy within two years.
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Defendants have not yet seen even half of all potential plaintiffs, according to the study.
RAND prepared its report for meetings with staff of the U.S. Senate and House …
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