Ivana Peraica Stamatakis, as Administratrix of the Estate of Ivo J. Peraica, and Milica Peraica, Individually v. A.O. Smith Water Products Co., et al.: A New York jury has awarded $35 million in damages to the estate of a man who died from cancer after years of inhaling asbestos at his job.
Though the jury assigned the largest share of blame to the Stamford-based Crane Co., the company may end up only having to pay 15 percent because jurors also found dozens of other businesses liable. The plaintiff’s lawyers, however, plan to argue at a post-trial hearing that because jurors found that Crane Co. acted recklessly, the company should have to pay as much as 55 percent of the $35 million.
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