The manufacture, sale and use of asbestos products have inflicted injury and death across our country and around the world. There are now tens of thousands of lawsuits pending in state and federal courts against a relatively small number of former manufacturers and producers of asbestos products. Not unexpectedly, insurance monies set aside to pay victims of asbestos disease have been exhausted or are insufficient to pay pending claims, and more claims are anticipated.
Consequently, there has been a large increase in asbestos company bankruptcy filings, particularly in the past year. In light of this crisis affecting the rights of asbestos victims, the attorneys at Lipsitz & Ponterio have been for some time turning their attention toward the responsibility of those companies – often locally owned or operated – which engaged in selling and installing asbestos products. To the extent that local contractors knew of the dangers of asbestos yet failed to disclose those dangers to the public, they must be held responsible for the damages suffered by their victims, just as if they had manufactured the products in the first place.
Although bankruptcies have jeopardized the size of the money settlement you may receive in your asbestos lawsuit, the attorneys at Lipsitz & Ponterio are working aggressively to hold distributors, contractors and site owners accountable to the fullest extent under the law so that you and your family will receive just compensation for your injuries.