Visit us anytime at https://www.asbestosclaims.law/. The first major asbestos bankruptcy was filed in 1982 by the Johns-Manville company. They were the largest manufacturer of asbestos in the world. It made front-page news because it was the largest corporate bankruptcy in the world.
Many years later, an asbestos trust was set up that put JM's money aside to compensate victims. This trust blazed a trail for a whole slew of trusts being created for victims of asbestos exposure. This short video looks at how these trusts are formed and how they function.
These "Asbestos Fragments" are quick cuts from our much longer, multi-part Asbestos 101 series, which explores everything you could ever need to know about asbestos, from the science to the tragedy to the laws in place today.
Asbestos law is literally ALL we do. If you've been injured by asbestos or know someone who is, you're in the right place. If you just want to learn about asbestos, you're also in the right place.
This fragment is from Part Five. Full-length Asbestos 101, Part FIVE, can be found here: https://youtu.be/SBY3GRWIsqM
Check out our playlists for all FIVE parts of the series here: https://www.youtube.com/channel/UCZ8k_hDOrgpwHTVwzZHKcmA/playlists