ExxonMobil Agrees to Pay $264,000 to Settle Asbestos Cases

by Mario Lozano on October 23, 2002

in Asbestos and Mesothelioma

Charleston, W. Va.–ExxonMobil will pay 132 people about $2000 each to settle asbestos claims against it, leaving Union Carbide the single defendant in what was a mass trial of asbestos claims here.

The case once involved nearly 8,000 claims against more than 250 corporations whittled down to three defendants after settlements. Union Carbide, which is now owned by Dow Chemical, ExxonMobil, and Amchem–which was dismissed from the case Tuesday.

On Monday, the U.S. Supreme Court said it would not hear or review arguments from ExxonMobil and other large companies that the trial was unconstitutional. Attorneys for Union Carbide said settlement talks would continue.

(via The Associated Press)

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