Several of the same plaintiffs law firms are involved in a bankruptcy case in which a judge found evidence of “misrepresentation” by plaintiffs and a separate dispute over whether insurers have the right to audit payments made by an asbestos trust.
Several insurance companies that are members of American International Group, Inc., and Resolute Management, Inc., are trying to audit the payments made by an asbestos trust. They asked on Monday for access to the trial record in the proceeding in which U.S. Bankruptcy Judge George Hodges estimated the liabilities a gasketmaker faces for asbestos claimants. In that proceeding, Hodges found that asbestos cases were “’infected by the manipulation of exposure evidence by plaintiffs and their lawyers,’” according to court papers.
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