Federal appeals court judges on Tuesday appeared skeptical of 3M's bid to use the bankruptcy of its subsidiary Aearo Technologies to shield itself from nearly 260,000 lawsuits over allegedly defective military-issue earplugs.
bid to use the bankruptcy of its subsidiary Aearo Technologies to shield itself from nearly 260,000 lawsuits over allegedly defective military-issue earplugs.
Aearo and 3M said the bankruptcy process would facilitate a fair and comprehensive settlement with the plaintiffs. "If this maneuver works, why won't it automatically happen every time a defendant in an MDL gets uncomfortable with the MDL court's rulings?" Judge David Hamilton asked. about whether bankruptcy is an appropriate solution for companies facing significant litigation but are otherwise healthy.of Aearo's bankruptcy, as has the judge overseeing the consolidated MDL in Florida, who called the bankruptcy "wholly contrived."
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Hundreds of Bexar County inmates are incompetent to stand trial. This program could help.Bexar County commissioner will vote Tuesday on a $1.6 million federal grant that will help jail inmates with mental health and substance abuse issues.
Les mer »
'Completely Contradictory': OECD Slammed for Labeling Fossil-Based Technologies 'Climate-Friendly''As we seek solutions to mitigate climate change, we must prioritize investments that truly prioritize sustainability and justice for all, and put energy democracy at the center of the transition,' said dmaneschi of Swedwatch.
Les mer »
Trump plans to return to Florida after arraignment TuesdayNew details are emerging about former president Donald Trump's upcoming surrender and court appearance, and we've now learned where he's heading after his arraignment. CBS2's Tim McNicholas reports.
Les mer »
Trump to deliver remarks Tuesday night after his arraignmentJUST IN: Donald Trump's campaign says the former president will deliver remarks Tuesday night in Florida after his scheduled arraignment in New York earlier that day on charges related to hush money payments.
Les mer »
Trump to deliver remarks Tuesday night after his arraignmentTrump will speak at Mar-a-Lago in Florida after returning from Manhattan.
Les mer »
Trump to deliver remarks Tuesday night after his arraignmentThe former president has denied any wrongdoing and has blasted the investigation as part of a yearslong “witch hunt” aimed at damaging his candidacy.
Les mer »