An Insight To Asbestos Lawsuits
An Insight To Asbestos Lawsuits
The phenomena of mesothelioma cancer is a global challenge. After decades of research and scientific analysis it has been proven without any doubt that exposure to asbestos causes this deadly disease. Cases of people working in dangerous environment that has high presence of asbestos is life threatening. Exhaling asbestos fiber for long periods can cause various forms of lung cancer.
Asbestos is an important silicate mineral and till the 70s it was used for fireproofing of roofs and floors. They are also heavily used on off shore oil production platforms and rigs. However, exposure to this item for long periods of time is very risky and can result in death as well.
Asbestos and Law - A Look into the Litigation
All across the world the government stringent rules has been very active in banning the use of asbestos, however some of these decisions have happened fairly recently and therefore for over a century people have been given some sort of workers compensation. As back as the 1920s in the US, people were given workers compensation in being exposed to asbestos; however such cases were really brought out into the public eye. It is only after a clear understanding of the root problem by the 70s that a spate of litigation and lawsuits started to take place.
In fact people living close to construction sites, shipyards and mines have often been part of a class action lawsuit. According to a recent study conducted by Environment Protection Agency (EPA), nearly 10000 people die every year of mesothelioma cancer due to exposure to asbestos. Even though it is not generally banned by the US government, there are many restrictions in place.
There are many asbestos lawsuits currently active in America . It is highly recommended by various independent and government agencies to first understand the level of hazard before buying any property. However, companies are evolving and are constantly looking at having asbestos alternatives at construction sites.
A landmark case for mesothelioma cancer was recorded in 1982 where a gentleman by the name of James Cavett won nearly 4 million dollars in punitive and compensatory damages. Therefore by the 90s some of the top US asbestos manufacturers had either filed for bankruptcy or were heading for a complete shutdown. Therefore without a doubt asbestos litigation is the most expensive tort in American court history. An analysis into the future cost of such litigation puts it at a whopping 200 billion dollars.
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