Word: weinstein
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...Jack Weinstein, a federal judge in New York City, is leading an effort to restructure the Manville Trust and resolve 90,000 asbestos lawsuits against dozens of U.S. companies, which represent the biggest ever product-liability issue. Last week Manville announced a plan to replenish the trust's cash supply in a stock deal that will provide as much as $520 million for settling claims over a seven-year period. But the company will not make the new money available until the end of next year. At the moment, with much of the trust's income dependent on future Manville...
...judicial system is so clogged by the volume of claims that desperate judges are trying hundreds of cases at a time. Some critics complain that greedy lawyers are reaping exorbitant fees in the process. As a result, Weinstein has set a limit of 20% on contingency fees allowed lawyers for hardship settlements paid by Manville. Trust officials say they may have to handle as many as 300,000 claims...
...last week said Eagle-Picher Industries of Cincinnati, a former asbestos maker, has been devastated by claims and is likely to become insolvent by the end of 1992. The company has 64,000 claims pending, with 20,000 more being filed every year. As part of his overall plan, Weinstein hopes to pool money from several companies, including Eagle-Picher, to help the firms resolve their claims...
...Sharon Olken 13 1 0 2 Jenny Wink 10 1 0 2 Jen Gifford 4 0 1 1 Chris Biggs 14 0 1 1 Tara Weinstock 14 0 1 1 Sue Caris 10 0 1 1 Kristy Gaschler 5 0 1 1 Laurie Hauber 14 0 0 0 Amy Weinstein 14 0 0 0 Heather Jackson 7 0 0 0 Laurie Uustal...
Which is a good deal more than some of the other flat-voiced performers can claim. Notably wooden are Vanessa Parise as Maggie--she painfully distracts in "At the Ballet"--and John Weinstein as Al, the insipid husband of another dancer, Kristine. And though Brandon Lucas can sing, his casting as Don is a mistake. He seems out of place, even in this dated piece; he seems to have been borrowed from some '50s musical...