Book Description

Examines three limited fund class action settlements of mass tort claims (including one settlement attempt that was abandoned in favor of bankruptcy) and four bankruptcy reorganizations precipitated by mass tort litigation. Each case is unique in the circumstances that precipitated it and the dynamics of its proceedings. Despite those differences, an examination of the class action settlements as a group in contrast to the bankruptcy reorganizations that were studied allows some comparisons about the fairness and effectiveness of these two means of achieving global resolutions of mass tort liabilities.