A new study by the New York Civil Justice Institute suggested that plaintiffs in nearly half of asbestos-related cases in New York may not have first taken advantage of bankruptcy trusts set up specifically to fund those claims, thus likely missing out on an automatic payout.
The nonprofit civil litigation research organization, in an examination of 175 asbestos-related cases in New York, found that many litigants over the past six years did not say in the course of their lawsuits whether they first sought relief elsewhere.
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