Asbestos claims and the economy

Scottish economy could face a devastating effect of asbestos exposure-related claims. The warning came as delegates from the construction industry attended Donald McGREGOR seminar in Glasgow today (4 December) and was told that the experiment in the United States could indicate that asbestos litigation time bomb for the Scottish economy.

Currently three thousand people die from asbestos-related diseases in the United Kingdom every year but this is expected to rise by more than 300% in the next seven years to 10,000 deaths annually.

Gavin Patton, associate McGREGOR Donald construction and engineering group warned that the United Kingdom could follow a similar pattern of asbestos litigation in the United States, where many companies had left went bankrupt as a result.

"The United States has experienced a surge in asbestos-related claims, leaving a number of bankrupt companies. Although there is concern that this trend might filter across the Atlantic, especially with increasing claims culture United Kingdom, there are some basic differences between the United States and United Kingdom law and legal procedures. These differences mean that the experience in the United Kingdom is not likely to be destructive.

"Although it's impossible to prevent claims being made, it is important that companies comply with the requirements of legislation and remember records so they can establish that they have taken steps such as providing workers with masks and implement and maintain risk management procedures."

The episode also looked at future legislation to kill companies. Laura Cameron, Director of the commercial litigation "McGREGOR Donald reviewed recent Transco traction and highlighted the impact of future legislation may have on corporate killing-a key area of concern for the construction industry which suffered more deaths each year than any other industry.

Asbestos litigation leads to bankruptcy of multinational corporations that seek to protect from lawsuits that will soon be $ 100 billion dollars worldwide.

These press releases were distributed commenting on companies responsible Government on legal reforms to end or stop payments, as well as claimants and law firms advertise settlements for their clients.

Mesothelioma a rare form of cancer. It affects the lining of the cavities around the lungs, stomach and heart. It is caused by inhaling asbestos fibers, but cancer usually don't appear until 10 to 40 years after someone first asbestos inhalation.

Is the prohibition of the use and manufacture of certain types of asbestos in 1974. The reconstruction and renovation of old buildings containing asbestos insulation now tightly regulated to protect workers from asbestos-related diseases.

Mesothelioma lawyer fights for compensation for suffering from asbestos disease mesothelioma. Malignant tumor of serious type of cancer afflicting Americans 2000 to 3,000 every year.

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