WASHINGTON–Successor liability for damages has been rejected bya Texas appellate court in cases where a company acquires abusiness where an asbestos victim worked.

The appellate court panel, based in Houston, upheld in a 2-1split decision the constitutionality of retroactive statelegislation that barred victims of asbestos-related disease fromwinning damages–either compensatory or punitive–from the successorcompanies.

According to Mark Behrens, a lawyer with Shook, Hardy &Bacon L.L.P. in Washington, D.C., the decision in Robinson vs.Crown Cork provides “relief from unfair asbestos-related successorliability.”

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.