Insight
The billion-dollar man
Steven Kazan is a busy man.
An independent investigation into the opaque “operating procedures and activities” of the trusts providing compensation to asbestos claimants showed his firm was the biggest player in the market.
The trusts were set up to manage the assets of businesses bankrupted by asbestos claims, and Mr Kazan law firm represents more than half of them, controlling US$ 11.6 billion worth of assets.
His firm also receives hefty fees from clients’ multi-million dollar compensation awards – typically 25 per cent of each payout.
See also
Thai producers seek to boost asbestos import from Russia
WHO Exposed for Propaganda
TSCA Reform Casualties Likely Start with Asbestos
Second Company Accuses Asbestos Lawyers Of Racketeering
Asbestos judgment fuels bogus claims
Top WHO adviser says membership of Ban Lobby group is not corrupt
Ulterior motives
Uncivil servant
Lies, Damn Lies and Statistics: When 107,000 deaths are not 107,000 deaths.
The Double-Dipping Legal Scam
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