Word: torts
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Dates: during 2000-2009
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Reformers point to California, where jury awards for noneconomic damages, such as pain and suffering, are capped at $250,000 and malpractice rates have held relatively steady over the past year. With tort reform, says Ron Neupauer, a vice president of Medical Insurance Exchange of California, "you don't have the emotion-laden blockbuster verdicts." But plaintiffs' lawyers protest that curbing noneconomic damages will disproportionately impact women, children and the elderly, who typically suffer less "economic" harm, such as lost wages, when they are hurt...
...toxic defoliant in Vietnam--in six weeks. Soon other judges and lawyers were asking him to step between warring parties, and in cases ranging from the faulty birth-control device Dalkon Shield to asbestos exposure, Feinberg got the job done, more or less inventing the field of mass tort mediation as he went along. "The secret to Ken's success," says a judge who has worked with Feinberg on a number of occasions, "is that he knows when to listen and when not to. He'll hear proposals from both sides, then ignore everybody and find a middle ground...
...spent $7.7 billion to merge with rival Dresser in 1998, knowing that one of its former subsidiaries, Harbison-Walker, was the target of manifold legal claims from employees who worked making refractory bricks. Halliburton officials believed that Dresser was indemnified. But when Harbison filed for Chapter 11, tort lawyers came after Halliburton. Cedric Burgher, Halliburton's vice president for investor relations, points out that, even with the asbestos claims, an Austrian company paid nearly $600 million for Harbison-Walker in 1999. Says Burgher: "Nobody foresaw this." Lawyers for asbestos victims say Cheney and Halliburton should have known better. "Everyone knew...
...students got very upset,” Nesson said. “I had proposed to make the alleged tort into something we use to learn about torts and learn about ourselves and actually do a mock process. People felt that was egregiously insensitive to the sensibilities to some of the people involved...
...because of the tensions, Nesson agreed to let Rakoff and Warren Professor of American Legal History Morton J. Horwitz help finish teaching his tort class, though he was present for lectures and administered the final exam...