On October 15, 2014, Jacobs & Crumplar attorney Raeann Warner was appointed to serve on the Official Committee of Unsecured Creditors in the Reichhold Holdings, US, Inc. Bankruptcy on behalf of her client.
Her clients, all asbestos claimants, had sued Reichhold Inc. due to exposure from its asbestos, and were set to go to trial in November 2014 before Reichhold filed for bankruptcy protection on September 30, 2014.
Reichhold is one of the world’s largest suppliers of unsaturated polyester resins for composites and a leading supplier of coating resins for a wide variety of markets and applications.
At least prior to January 1980 it manufactured an asbestos-containing phenolic molding compound and supplied it to various plants where molded products were manufactured.
Some workers exposed to this asbestos containing product during the manufacturing process have claimed it caused them asbestos -related injuries including mesothelioma and lung cancer.