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Bankruptcy and Trust Formation
Retained as testifying expert on behalf of the insurance committee in the bankruptcy proceedings of a major asbestos products manufacturer. Estimated liability attributable to manufacturer and testified on the proportion of liability attributable to operations.
Retained as testifying expert on behalf of insurer in an asbestos-related bankruptcy to estimate liability for settlement negotiations and forecast liability arising from operations.
Retained as testifying expert by insurer in the asbestos-related bankruptcy of a major refractory manufacturer. Estimated asbestos liability in the context of bankruptcy proceedings.
Estimated potential silica-related personal injury liability to advise a major friction products manufacturer undergoing Chapter 11 reorganization.
Testified in the bankruptcy confirmation of Babcock & Wilcox on behalf of the Insurers Joint Defense Group to address asbestos liability. Developed claims criteria evaluation framework for use in assessing asbestos liability forecasts and trust distribution procedures.
Retained as testifying expert by outside counsel of a major insurer to address the asbestos liability of MacArthur Company and Western MacArthur Company. Estimated asbestos liability in the context of bankruptcy proceedings.
Advised creditors' committee of a major bankrupt manufacturer
on potential asbestos liability. Estimated future claim
values and liability under various trust distribution scenarios
and analyzed implications on insurance coverage.
Estimated the value of pending property damage claims against the trust of a major building products manufacturer.
Estimated potential liability resulting from Federalization of asbestos-related personal injury claims for a major construction products manufacturer.
Estimated non-U.S. asbestos liability for a major auto parts manufacturer.
Assessed asbestos-related personal injury liability for a major building products manufacturer in context of bankruptcy.