Asbestos Litigation Risks: How Recent Changes in Asbestos Landscape May Affect Your Reserves and Litigation Exposure in 2019 and Beyond
An asbestos-related case is among the most challenging lawsuits to litigate. Given its complex nature and statutes of limitations, proving or defending against an asbestos exposure claim can be arduous and divisive. In addition, recent developments that continue to shape the litigation landscape, significantly pose implications to the firms’ reserves and potential exposure to litigation risks.
Despite the decreased number of asbestos injury claims filed in 2018, companies must still not be complacent. They must keep themselves abreast of the emerging regulatory trends in the asbestos industry and to revisit their existing practices to mitigate possible risks. Likewise, litigators must be well-versed with the legal procedures and litigation know-hows to successfully bring out an asbestos lawsuit.
In a LIVE Webcast, a panel of distinguished professionals and thought leaders organized by The Knowledge Group will provide an in-depth discussion of the evolving risks in asbestos litigation. Speakers will also analyze recent cases and rulings and will present best litigation strategies that would help practitioners in this complex legal climate.
Key topics include:
- Environmental Liabilities and Contaminated Water Supplies
- Asbestos Litigation and Due Diligence
- Recent Trends in Filings and Settlements of Asbestos Litigation
- New Epidemiological Studies on Mesothelioma
- Setting Reserves: How Long is a Long Tailed Asbestos Liability?
- Asbestos Trusts: What’s Behind the Curtain?
- Coal Due Diligence
- CWP Issues
- CWP Incidence and Recent Epidemiology
- Forecasting CWP liabilities
Dr. Faten Sabry, Managing Director
NERA Economic Consulting
Mary Elizabeth C. Stern, Director
NERA Economic Consulting
- An overview, recent trends and filings.
- Challenges in modeling future costs of asbestos for reserve purposes.
Jason L. Kennedy, Shareholder
Segal McCambridge Singer & Mahoney, Ltd.
- National Filing Trends & Talc Overview
- Developments in Talc Litigation
Who Should Attend:
- Environmental Attorneys
- Compliance Officers
- Risk Assessment Managers
- Product Liability Attorneys
- Manufacturers and Processors
- Importers and Handlers
- Other interested/related professionals
Dr. Sabry is the Chair of NERA’s Securities and Finance Practice and a Managing Director in the Securities and Finance and Product Liability/Mass Torts Practices. She is also the Chair of the Bankruptcy Litigation Practice. She provides economic consulting and expert testimony in securities, bankruptcy, and complex damages. Dr. Sabry’s product liability work includes: estimating the future liabilities in cases involving asbestos, silica, pharmaceutical products, medical devices, automobiles and construction products; analyzing liabilities related to environmental contamination; assessing recall costs and diminution of value for automobile and construction products; analyzing insurance allocation; applying statistical and content analyses to examine product identification; and analyzing class certification in consumer class actions.
Dr. Sabry is the Chair of NERA’s Securities and Finance Practice and a Managing Director in the Securities and Finance …
Mary Elizabeth Stern, NERA Economic Consulting Director, is an expert in tort economics. She has forecasted personal injury claims for asbestos liability settlements for over 40 defendants or their insurers. Her analyses have been used by companies to set reserves, in mergers and acquisitions, as the basis for solvency opinions, and for purchasing or buying back insurance policies, as well as to determine the appropriate size of settlement funds. She also has experience forecasting claims arising from other torts including those related to medical products, building products, food contamination, hearing loss, repetitive stress injuries, and various solvents. She provides regular updates for clients, comparing actual filings and settlements with her projections to satisfy financial reporting requirements.
Mary Elizabeth Stern, NERA Economic Consulting Director, is an expert in tort economics. She has forecasted personal injury claims for …
Jason L. Kennedy is a shareholder in Segal McCambridge’s Chicago office focusing his practice on tort defense litigation with an emphasis in complex mass tort litigation, involving both products liability and premises liability claims. Mr. Kennedy also has significant experience representing clients in professional liability matters specific to architects and engineers, as well as construction and environmental litigation matters. He has been actively involved in trials and appeals in Indiana, Illinois, Iowa, Missouri, New York, California, Michigan, Minnesota, Mississippi, Pennsylvania, Texas, Utah, Washington and Wyoming. Mr. Kennedy oversees and manages the Indiana and Iowa asbestos litigation for the firm, serving as both national and local counsel for a variety of Fortune 500 companies.
Jason L. Kennedy is a shareholder in Segal McCambridge’s Chicago office focusing his practice on tort defense litigation with an …
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Method of Presentation:
General knowledge of asbestos litigation
NY Category of CLE Credit:
Areas of Professional Practice
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About NERA Economic Consulting
NERA Economic Consulting is a global leader in economic analysis and consulting. With nearly 400 experts in 25 offices around the world, the firm applies economic, finance, and quantitative principles to solve complex business challenges and legal questions.
The firm’s antitrust economists provide a full range of theoretical and empirical economic analysis and testimony in matters involving mergers and acquisitions, antitrust litigation, and competition policy. NERA's experts assess and, when appropriate, testify to the economic merits of allegations of anticompetitive mergers and acquisitions, foreclosure and exclusionary conduct, horizontal and vertical restraints, monopolization and abuse of dominant position, and collusion. NERA's experts also have extensive experience estimating damages in antitrust matters, as well as assessing the appropriateness of class certification.
About Segal McCambridge Singer & Mahoney, Ltd.
Segal McCambridge Singer & Mahoney is a litigation firm providing legal services to clients involved in complex product liability, toxic tort, commercial, employment and labor law, insurance, construction, environmental, professional liability, transportation and warranty matters. Founded in 1986 as a four-lawyer shop in Chicago, today Segal McCambridge is a national law firm with more than 125 attorneys and additional offices in Austin, Detroit, Houston, Jersey City, New York City, Philadelphia and St. Louis.