@inbook{10.7249/j.ctt15sk8bb.8, ISBN = {9780833090188}, URL = {http://www.jstor.org/stable/10.7249/j.ctt15sk8bb.8}, abstract = {Exposure to asbestos, once widely used in industrial and consumer products, can result in asbestosis and mesothelioma, a cancer that is inevitably fatal.¹ As a consequence, companies that produced or used asbestos and asbestos-containing products faced enormous liability. Asbestos litigation began in earnest in the 1970s and continues to this day, the longest-running mass tort in U.S. history.² One of the most significant developments in asbestos litigation in the past 15 years involves the scores of asbestos defendants that have filed for bankruptcy because of the large volume of lawsuits and their expected liability. As a result of these bankruptcies,}, bookauthor = {Lloyd Dixon and Geoffrey McGovern}, booktitle = {Bankruptcy’s Effect on Product Identification in Asbestos Personal Injury Cases}, pages = {1--12}, publisher = {RAND Corporation}, title = {Introduction and Background on Asbestos Bankruptcies}, year = {2015} }