Guest View: Legal Innovations Strengthen the Southwest's Appeal


credit: From Wikipedia

An innovative approach to mass tort litigation tested in Texas could make the region more attractive.

A new legal framework currently under consideration in the state could revolutionize how mass tort cases are handled.

The solution combines corporate restructuring under state law with Chapter 11 proceedings in federal bankruptcy court.

The talc case has already produced remarkable results: a proposed settlement worth nearly $10 billion over 25 years, one of the largest in legal history.

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An innovative approach to mass tort litigation tested in Texas could make the region more attractive.A new legal framework currently under consideration in the state could revolutionize how mass tort...more

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