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Supreme Court Refuses to Revive Asbestos Class Settlement.(Brief Article)

By Peden, Stephanie
Publication: Claims
Date: Thursday, July 1 1999

In two separate decisions that could have wide-ranging effects on product-liability litigation, the U.S. Supreme Court ruled to overturn class-action settlements in suits against asbestos manufacturers by people who claimed asbestos-related health problems.

In Esteban Ortiz vs. Fibreboard Corp., the justices ruled 7-2 to overturn a $1.5 billion settlement. The decision outlined the court's opinion that a company cannot limit the amount it is willing to pay and that people in the class action with conflicting interests must have separate lawyers. Limited-fund class-actio

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