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The Current Crisis in Asbestos Litigation

The latest installment of the “Bankruptcy Today” program discusses the current crisis in asbestos litigation. The nation’s courts are overwhelmed with cases and there is no end in sight. This issue is spinning out of control – what can we do to alleviate this problem? Guests:

Bettina Whyte, Principal with AlixPartners

Ted Freedman, Partner with Kirkland & Ellis in New York,

And we have excerpts from a recent speech on the topic by Hon. Griffin Bell, former US Attorney General – he will give his prescription for reform of the tort and bankruptcy laws. The show will air on major airlines this summer.

The previous installment of the "Bankruptcy Today" series, are also available online.

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1	Introduction to the asbestos litigation crisis: its origins and impact today, with Bettina M. Whyte, ABI President.
2	Remarks by Hon. Griffin B. Bell, former U.S. Attorney General, on the roadmap for Congress and the courts to take in crafting a new system to compensate those claimants who deserve it, while diverting bad cases out the legal system. Remarks made during the 2003 ABI Annual Spring Meeting.
3	The mechanics and benefits of channeling injunctions in bankruptcy, with Theodore L. Freedman (Kirkland & Ellis; NY), Co-chair of ABI’s Mass Torts Committee, and the outlook for reform of the system, with Bettina M. Whyte, (AlixPartners; NY).