Superfund for Asbestos Liabilities: A Sensible Solution to a National Tragedy
Among the often overlooked effects of the national tragedy of asbestos-related diseases and litigation is the impact on current officers and directors of mining and manufacturing companies. Faced with the legacy of policies and practices over which they had no control and whose consequences were unknown and unforeseeable even by their predecessors, these officers and directors confront a maze of difficult and sometimes drastic corporate options as well as significant personal financial risk.