Montana negotiates $43 million settlement with Libby asbestos victims
March 6, 2011
Montana: The state of Montana is close to finishing its negotiations with Libby asbestos victims, according to legal papers obtained by New Source Daily Inter Lake.[1]
In exchange for releasing the state and state agencies from future claims related to the former vermiculite mine in Libby, more than 1,100 claimants with asbestos disease would be eligible to receive a portion of the $43 million settlement.[1]
The method that will be used to distribute the settlement among victims will be based on the severity of the victims case, divided into severe, moderate and mild cases. Victims with one of the most severe asbestos-related cancers, mesothelioma, would receive $60,723 while victims with the most mild of cases would receive $34,279.[1]
The settlement will need court approval before it is finalized.[1]
Similar cases
- News: $322M asbestos ruling overturned by Mississippi judge, January 6, 2012
Footnotes
| |||||
