News
The modern history of mental-health care in California begins more than half a century ago with passage of the landmark 1967 Lanterman-Petris-Short Act, an ambitious — but ultimately disastrous — overhaul of a draconian “system” of hoary old mental hospitals throughout California. Most of the hospitals were closed, but the “community care” that was to take their place never materialized.
Opinion
OPINION: First, the lawyer sues the solvent company and receives a full recovery after trial or settlement. Then, the lawyer files a claim before the bankruptcy trust for the same exact harm. Of course, it’s entirely possible the plaintiff was exposed to multiple different brands of asbestos. If that’s the case, then the trust should know about exposure to other asbestos from solvent companies.
News
Calpensions: During a hearing Oct. 1 on Stockton’s “plan of adjustment” to cut debt and emerge from bankruptcy, there may be a landmark ruling on whether CalPERS pension debt can be cut in bankruptcy.