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Intersection of Mass Torts and Bankruptcy

Contains material from Jan 2024

Intersection of Mass Torts and Bankruptcy
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Since Johns-Manville and the addition of Section 524(g) to the Bankruptcy Code, mass torts and bankruptcy have been intersecting with increasing regularity. In recent years, chapter 11 has been invoked to resolve mass tort liabilities stemming from not only asbestos, but also opioids, sex abuse, and defective products. But whether bankruptcy and mass torts should permanently merge, stay on parallel paths, or continue to collide remains to be seen. Discuss the latest developments affecting corporate board rooms and hundreds of thousands of individuals across the country, and share perspectives from the bench and the bar on where this quickly evolving area of law may be heading.

Includes: Video Audio Slides

  • Total Credit Hours:
  • 0.75
  • Credit Info
  • TX, CA
  • TX MCLE credit expires: 2/28/2025

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1. Intersection of Mass Torts and Bankruptcy (Jan 2024)

Hon. W. Royal Furgeson Jr., Gregory M. Gordon, Adam C. Silverstein

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Session 1 —45 mins
0.75
Intersection of Mass Torts and Bankruptcy (Jan 2024)

Since Johns-Manville and the addition of Section 524(g) to the Bankruptcy Code, mass torts and bankruptcy have been intersecting with increasing regularity. In recent years, chapter 11 has been invoked to resolve mass tort liabilities stemming from not only asbestos, but also opioids, sex abuse, and defective products. But whether bankruptcy and mass torts should permanently merge, stay on parallel paths, or continue to collide remains to be seen. Discuss the latest developments affecting corporate board rooms and hundreds of thousands of individuals across the country, and share perspectives from the bench and the bar on where this quickly evolving area of law may be heading.

Originally presented: Nov 2023 Bankruptcy Conference

Hon. W. Royal Furgeson Jr., U.S. District Judge, Retired - Dallas, TX
Gregory M. Gordon, Jones Day - Dallas, TX
Adam C. Silverstein, Otterbourg P.C. - New York, NY