Asbestos litigation has a storied history in this country. Many companies, large and small, have been forced into bankruptcy or have had nearly all their resources drained by years of asbestos litigation.
Texas Asbestos Reform: The New Quantitative Standard
Because of the devastating impact asbestos litigation has had on U.S. companies, courts and legislatures have finally begun to retake control of asbestos litigation. On June 8, 2007, the Texas Supreme Court issued its opinion in <i>Borg-Warner Corporation v. Flores</i>, marking the latest step in Texas' transition away from easy asbestos verdicts for plaintiffs.
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