Bankruptcy has become a popular path for companies facing mass tort liabilities, Prof. Jonathan Lipson tells NPR. It “can give the company significant advantages through the bankruptcy process that they never have in ordinary litigation, including halting those other litigations, halting the discovery process, halting determinations of liability on the merits, and many other things that can be quite valuable to the company but might be costly to victims.”
Published on January 10, 2025
A health care provider that faced dozens of prisoner lawsuits is filing for bankruptcy
