Archive for February 2020
Drugmaker’s Opioid Settlement Offer Gains Ground With States
Opioid makers and distributors who proposed paying almost $50 billion to resolve U.S. lawsuits over the addictive drugs are drawing more support from states, including California and New York, as pressure mounts for a deal before a trial starts next … Source: Claims Journal
Read MoreViewpoint: The Coronavirus May Be Worse Than a Natural Disaster
Everyone is wondering when China will return to work. While it may be tempting to consider past epidemics or labor strikes to gauge how quickly that could happen, the industrial shutdown from the coronavirus is looking more like a natural … Source: Claims Journal
Read MoreCarrier Can Deny Widow’s Claim Because Heart Disease Contributed to Crash Victim’s Death
Zurich American Insurance Co. concluded that heart disease killed Joseph Arruda, not the spine fracture he suffered after his vehicle careened across opposite lanes of traffic and collided with an oncoming vehicle. Zurich denied an accidental death claim filed by … Source: Claims Journal
Read MoreTesla’s Autopilot, Cell Phone Use Blamed in 2018 Fatal Crash
U.S. crash investigators faulted Tesla Inc.’s Autopilot system and the driver’s distraction by a mobile device for a fatal accident in 2018 and called on Apple Inc. and other mobile phone makers to do more to keep motorists’ attention on … Source: Claims Journal
Read More2nd Person in Days Killed by Mardi Gras Float in New Orleans
NEW ORLEANS — A man was struck and killed by a Mardi Gras float during a raucous weekend street parade in New Orleans, becoming the second person in days killed along a parade route during this year’s Carnival season, authorities … Source: Claims Journal
Read MoreMallinckrodt Agrees to $1.6 Billion Opioid Settlement, Unit to File Chapter 11
Mallinckrodt Plc said on Tuesday its specialty generic unit would file for bankruptcy after agreeing to pay $1.6 billion over eight years to settle opioid-related lawsuits globally, sending the drugmaker’s shares up 48%. The settlement was reached with a court-appointed … Source: Claims Journal
Read MoreU.S. Labor Board Limits Companies’ Liability for Franchisee Labor-Law Violations
A U.S. labor board on Tuesday finalized a rule that will make it more difficult to hold companies liable for unlawful labor practices by franchisees and contractors, reversing a more worker-friendly Obama-era standard criticized by business groups. The rule by … Source: Claims Journal
Read MoreLawyer Who Helped Musk Beat Defamation Suit Takes on Tesla’s Investors
A Manhattan trial lawyer who helped Elon Musk defeat a defamation lawsuit by a British caver is now set to defend the Tesla Inc. CEO in a fight with shareholders. Alex Spiro, a partner in the New York office of … Source: Claims Journal
Read MoreJakarta Hit by Flooding as Cyclones Trigger Extreme Rainfall
Parts of Indonesian capital and its suburbs were flooded after two tropical cyclones off the nation’s coast triggered extremely heavy rainfall, inundating houses in low-lying areas and forcing evacuation of hundreds of residents. More than 200 spots of flooding were … Source: Claims Journal
Read MoreTesla to Face Fresh Autopilot Scrutiny After Company Snubs NTSB
The National Transportation Safety Board on Tuesday will convene its second hearing on a fatal crash involving Tesla Inc.’s automated driver-assist technology even though the pioneering automaker hasn’t filed formal responses to recommendations stemming from the first one more than … Source: Claims Journal
Read More