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Bankruptcy Trusts

Journal Article
Response to Inselbuch and Sackett's Critique of RAND Reports on Asbestos Trusts and Asbestos Litigation
RAND responds to a piece published in Mealey's Asbestos Bankruptcy Report that was critical of three RAND studies on asbestos litigation and bankruptcy trusts.
Mar 9, 2016
Research Brief
Bankruptcy Trusts Complicate the Outcomes of Asbestos Lawsuits
Interrogatories and depositions in a tort case against a bankrupt firm are less likely to reveal exposure to asbestos in the firm's product than if the case had occurred before the firm filed bankruptcy.
May 21, 2015
Report
Bankruptcy's Effect on Product Identification in Asbestos Personal Injury Cases
One of the most significant developments in asbestos litigation in the past 15 years is the rising rate of bankruptcy among asbestos defendants. Bankruptcy reduces the likelihood that exposures to the firm's asbestos-containing products will be identified in interrogatories and depositions.
May 21, 2015
Report
Links Between Asbestos Bankruptcy Trusts, Tort Cases Examined
Asbestos bankruptcy trusts—created to compensate people injured by the mineral—may be influencing tort cases. The current way that the trusts and the tort cases are linked together may result in payments that are not consistent with the basic principles of the tort liability system.
Aug 18, 2011
Research Brief
Bankruptcy Trusts, Asbestos Compensation, and the Courts
People with asbestos injuries are increasingly receiving compensation from trusts set up by bankrupt asbestos defendants. This brief documents how courts handling these cases consider trust payments when determining compensation.
Aug 18, 2011
News Release
Links Between Asbestos Bankruptcy Trusts, Tort Cases Examined
Asbestos bankruptcy trusts—created to compensate people injured by the mineral—may be influencing tort cases. The current way that the trusts and the tort cases are linked together may result in payments that are not consistent with the basic principles of the tort liability system.
Aug 18, 2011
Report
Asbestos Bankruptcy Trusts: An Overview of Trust Structure and Activity with Detailed Reports on the Largest Trusts
While legislative and judicial reforms have made it increasingly difficult to obtain compensation for nonmalignant diseases in the tort system, the trust system remains a source of compensation for such injuries. This report describes the creation, organization, and operation of asbestos personal-injury trusts and compiles publicly available information on the assets, outlays, and governing boards of the 26 largest ones.
Jul 26, 2010