Asbestos Litigation Multi-Billion Dollar Industry
Personal injury litigation related to asbestos is expected to reach $140-200 Billion in coming years, according to comments before an EPA panel. Preventable diseases related to asbestos have climbed in recent years with staggering numbers. However, the EPA is considering lowering its standards for what types and amounts of asbestos and asbestos containing products are acceptable. In response, doctors, scientists, and public health advocates are lobbying to keep the current standards. Opposition comes from corporations that still use or market asbestos containing products. Experts have suggested that defendant corporations have gone to great lengths to reshape the literature on asbestos in an effort to minimize their liability for personal injuries inflicted by their products.
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