Are the multi-billion-dollar asbestos bankruptcy trusts operating as efficiently as they should? During HB Litigation Conferences’ Asbestos Bankruptcy: Current Trends & Future Outlook, held in October 2010, the question was addressed by Hon. Randall J. Newsome with the U.S. Bankruptcy Court for the Northern District of California and Hon. Rosemary Gambardella with the U.S. Bankruptcy Court for the District of New Jersey, a panel discussion introduced and guided by the conference’s plaintiff co-chair Kathy Byrne of Cooney & Conway.

In this clip the judges discuss the need to establish early on whether there will need to be claims estimation hearings on asbestos personal injury claims, when the hearings should occur, what method of estimation will be employed and the scope of the hearings.

Related clips:

VIDEO: Bankruptcy Judges on Chapter 11 Efficiency in the Context of Asbestos – Part 1
VIDEO: Bankruptcy Judges on Chapter 11 Efficiency in the Context of Asbestos – Part 2
VIDEO: Bankruptcy Judges on Chapter 11 Efficiency in the Context of Asbestos – Part 3
VIDEO: Bankruptcy Judges on Chapter 11 Efficiency in the Context of Asbestos – Part 4
VIDEO: Bankruptcy Judges on Chapter 11 Efficiency in the Context of Asbestos – Part 5
VIDEO: Bankruptcy Judges on Chapter 11 Efficiency in the Context of Asbestos – Part 6

For the full conference video or audio package, visit our store.