4th National Forum

Asbestos Litigation

The New Wave: The Complete Update and Strategy Session for Insurers

Thursday, March 27, 2003

About

Even veteran toxic tort litigators, insurance attorneys and judges are astounded at the resiliency and staggering expense of asbestos claims. According to a recent Rand Institute study, $54 billion has already been spent on litigation. Estimates of the total cost of all claims range from $200 to $265 billion.

As the number of plaintiffs increases, the net of liability widens. The number of defendant corporations at risk for potential liability continues to grow….and there's no telling where it will end. Seventy-five different industries have been affected by asbestos litigation, touching nearly all sectors of the US economy.

With exposure so great and the very real threat of insolvency to any company caught in the asbestos web, it is more important than ever that even the most experienced toxic tort or insurance litigator has the latest information - from an up-to-the-minute status of the latest bankruptcies to current plaintiff techniques, to cutting-edge defense strategies.

This 4th National American Conference Institute Forum on Asbestos Litigation will provide all that and more! Don't miss a prominent defense attorney's extensive analysis of the West Virginia Union Carbide trial. Further, a leading policyholder attorney will discuss his experience from the Fuller-Austin case, with first-hand updates on the pending jury trial and the major implications for the insurance industry.

We also heard from a faculty of experienced asbestos litigators, judges and insurance executives who provided timely and critical insights, including:
  • Keeping score: the latest data on where claims are coming from; what industries are most exposed and the most common types of injuries
  • The latest suits, liability theories and court trends
  • Non-product update: electrical installation; mobile home manufacturers and friction defendants
  • Successful strategies for new corporate defendants
  • Using medical criteria to make…or break…the case
  • The latest trends in bankruptcy proceedings
  • Reinsurance roadmap - understanding the latest reporting obligations
  • Equitas documentation requirements…what do they really mean?…effective compliance tips
  • What's the latest on the Hill? Legislative update
Take advantage of this opportunity to hear from those on the front lines. Benefit from the speakers' comprehensive materials prepared specifically for this event.

Contents & Contributors

About

Even veteran toxic tort litigators, insurance attorneys and judges are astounded at the resiliency and staggering expense of asbestos claims. According to a recent Rand Institute study, $54 billion has already been spent on litigation. Estimates of the total cost of all claims range from $200 to $265 billion.

As the number of plaintiffs increases, the net of liability widens. The number of defendant corporations at risk for potential liability continues to grow….and there's no telling where it will end. Seventy-five different industries have been affected by asbestos litigation, touching nearly all sectors of the US economy.

With exposure so great and the very real threat of insolvency to any company caught in the asbestos web, it is more important than ever that even the most experienced toxic tort or insurance litigator has the latest information - from an up-to-the-minute status of the latest bankruptcies to current plaintiff techniques, to cutting-edge defense strategies.

This 4th National American Conference Institute Forum on Asbestos Litigation will provide all that and more! Don't miss a prominent defense attorney's extensive analysis of the West Virginia Union Carbide trial. Further, a leading policyholder attorney will discuss his experience from the Fuller-Austin case, with first-hand updates on the pending jury trial and the major implications for the insurance industry.

We also heard from a faculty of experienced asbestos litigators, judges and insurance executives who provided timely and critical insights, including:
  • Keeping score: the latest data on where claims are coming from; what industries are most exposed and the most common types of injuries
  • The latest suits, liability theories and court trends
  • Non-product update: electrical installation; mobile home manufacturers and friction defendants
  • Successful strategies for new corporate defendants
  • Using medical criteria to make…or break…the case
  • The latest trends in bankruptcy proceedings
  • Reinsurance roadmap - understanding the latest reporting obligations
  • Equitas documentation requirements…what do they really mean?…effective compliance tips
  • What's the latest on the Hill? Legislative update
Take advantage of this opportunity to hear from those on the front lines. Benefit from the speakers' comprehensive materials prepared specifically for this event.

Contents & Contributors

THE BEAT GOES ON: NATIONWIDE ANALYSIS OF ASBESTOS SUITS, THEORIES AND TRENDS
John Kazanjian, Beveridge & Diamond, P.C.

2002 WEST VIRGINIA MASS TRIALS: TACTICS AND TRIBULATIONS
Robert E. Gifford, Steptoe & Johnson PLLC
J. Greg Goodykoontz, Steptoe & Johnson PLLC

CURRENT ISSUES IN DISPUTES INVOLVING INSURANCE COVERAGE FOR ASBESTOS BODILY INJURY CLAIMS
Richard Lewis, Anderson, Kill & Olick, P.C.

WHICH COVERAGE APPLIES, PRODUCTS OR NON-PRODUCTS: THE BACKGROUND OF THE ISSUES
Peter J. Logan, Kaufman & Logan LLP

AUTOMOTIVE FRICTION PRODUCTS
Stephen M. Tigerman, Harowitz & Tigerman, LLP

DEFINING MEDICAL CRITERIA FOR ASBESTOS INJURIES
Chuck McGivney, McGivney, Kluger & Gannon
David Katzenstein, McGivney, Kluger & Gannon

PERIPHERAL DEFENDANTS AS LITIGATION TARGETS: DEFENSE STRATEGIES FOR THE NEXT WAVE
Theodore Voorhees, Jr., Covington & Burling
Eric Hellerman, Covington & Burling

INTERPLAY BETWEEN SECTION 524(g) OF THE BANKRUPTCY CODE AND CONSTITUTIONAL PRINCIPLES OF DUE PROCESS AND STATE INSURANCE LAW
Steven M. Crane, Berkes Crane Robinson & Seal, LLP

INSURANCE ISSUES IN MASS TORT BANKRUPTCY CASES: STRATEGIC PERSPECTIVES
Leonard P. Goldberger, White and Williams LLP

INSURANCE RECOVERIES FOR PRESENT LIABILITIES INCLUDING FUTURE PAYMENTS
Michael Conley, Anderson, Kill & Olick, PC

CURRENT ISSUES IN THE REINSURANCE WORLD
Craig Kline, Carroll, Burdick, McDonough

IMPACT OF LONDON MARKET'S DOCUMENT REQUIREMENTS
Michael Conley, Anderson, Kill & Olick, PC

LONDON DOCUMENTATION REQUIREMENTS
Thomas J. Quinn, Mendes & Mount

SETTLEMENT IN THE ASBESTOS ARENA
Philip Goldstein, Ross & Hardies

SETTLEMENT STRATEGIES GOING FORWARD
Edward Hugo, Burke, Williams & Sorensen, LLP

ASBESTOS LEGISLATION: WHERE WE ARE
Patrick M. Hanlon, Shea & Gardner

SPOTLIGHT ON TODAY'S DOCKETS: SOLUTIONS FOR RESOLVING THE BACKLOG
Mark A. Behrens, Shook, Hardy & Bacon LLP


DOCUMENT TYPES: PRESENTATIONS AVAILABLE: 0