History of Asbestos Legal Compensation
Asbestos litigation is the largest and lengthiest mass tort in American legal history.
Torts are civil allegations of wrongful acts committed by a negligent party on an innocent and undeserving victim.
The courts refer to the victim as the plaintiff and the alleged negligent party as the defendant. Torts are legal processes seeking compensation against the offending party for the harm they have caused.
Torts have 3 purposes:
- Ensuring justice
- Deterring others from committing similar acts
- Providing compensation for victims’ losses
Asbestos torts began flooding American courtrooms in the early 1970s when asbestos-producing companies were no longer able to hide or withhold overwhelming evidence about asbestos-exposure health risks.
Many asbestos product suppliers and workplaces using asbestos-containing materials (ACM) were fully aware of how deadly long-term asbestos exposure was to anyone handling this once so-called miracle material.