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by Lisa
11. March 2009 09:58
Jury verdicts in cancer cases continue to be very high. In 2007 the Weitz & Luxenberg
firm obtained a verdict of $37 million in two asbestos cases involving claims of lung
cancer. Both plaintiffs also smoked cigarettes. In 2008 the same firm obtained a jury verdict
in a mesothelioma case for $16.25 million. There have been some very significant jury
verdicts in Los Angeles County in mesothelioma cases in the past few years.
Asbestos claim filings peaked in 2002 at approximately 80,000 new
claims. Since then, asbestos filing rates are down dramatically.
However, as discussed below, this decline can be attributed almost
entirely to a marked drop in unimpaired, less serious claims.
Mesothelioma and other cancer claims have remained relatively steady.
In 2008 approximately 5,000 new claims were filed. Approximately
2,000 of those claims involved mesothelioma, and we expect a similar
number of such claims in 2009. In most of these cases dozens (sometimes
more than 100) companies are named as defendants.
Read more at
www.skadden.com/content%5CPublications%5CPublications1710_0.pdf