13 Mar 2017 Beware the Long Tail of Successor Liability: Tips From a Recent Client Victory
Product Liability | Kenneth GorenbergToxic exposure claims involving asbestos, benzene, silica and many other substances present so-called “long tail” risks. Consider this: A recently diagnosed illness is alleged to have been caused by exposures that occurred years or even decades ago. As a result of corporate transactions during that long period of time, a company may find itself named as a defendant in such a case on the grounds of successor liability for products made or sold by an earlier company that no longer exists. We’ve outlined several…
