Legal Opinion
Lac D'Amiante Du Quebec, Ltee v. American Home Assurance Co.
District Court, D. New Jersey
Decided July 31, 1985No. Civ. A. 83-2108PublishedCited by 59 opinions
1Opinion of the Court
OPINION
BARRY, District Judge.
Thousands upon thousands of claims arising out of asbestos related diseases which have become manifest are currently pending in federal and state courts with new filings increasing dramatically. Total liability projections between the years 1980 and 2015 range from $7.6 billion to $87.1 billion 1 with aggregate judgments and set tlements over the next thirty years expected to reach $38 billion and the costs of defending such suits over the same time period estimated conservatively at $25 to $30 billion. 2 Indeed, the claims currently pending represent only a small…
2Cases cited28 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Aetna Life Insurance v. HaworthSupreme Court of the United States · 1937
- Clarence Borel v. Fibreboard Paper Products Corporation, Nationalsurety Corporation, Intervenor-AppelleeCourt of Appeals for the Fifth Circuit · 1973
- Burd v. Sussex Mutual Insurance CompanySupreme Court of New Jersey · 1970
- State Farm Mutual Automobile Insurance v. Estate of SimmonsSupreme Court of New Jersey · 1980
23 more not listed; retrieve them via the Exa API.
3Cited by59 opinions
- Cole v. Celotex Corp.Supreme Court of Louisiana · 1992
- Owens-Illinois, Inc. v. United InsuranceSupreme Court of New Jersey · 1994
- Villella v. Public Employees Mutual InsuranceWashington Supreme Court · 1986
- Lloyd E. Mitchell, Inc. v. Maryland Casualty Co.Court of Appeals of Maryland · 1991
- Guaranty National Insurance v. Azrock Industries Inc.Court of Appeals for the Fifth Circuit · 2000
54 more not listed; retrieve them via the Exa API.