The U.S. Chamber of Commerce’s Institute for Legal Reform recently unveiled a study examining the issues of over naming defendants and the need for bankruptcy trust transparency in the litigation of asbestos cases. The report analyzes cases filed in Philadelphia and found that plaintiffs in asbestos cases have never been exposed to asbestos from many of the companies they sue. Additionally, the study notes that claimants are not disclosing in discovery most of the bankruptcy trusts they have or will make claims against.
The full study can be found here.