What types of settlements are available in asbestos-related lawsuits?

In asbestos litigation cases related to District of Columbia law, there are several types of settlements available. These include compensatory damages, punitive damages, and abatement. Compensatory damages compensate a plaintiff for physical harm or economic loss caused by exposure to asbestos, such as medical expenses, lost wages, or pain and suffering. Punitive damages are awarded to punish the wrongdoer and deter similar conduct in the future. Lastly, abatement is a form of relief that requires any remaining asbestos or asbestos-containing materials in a plaintiff’s home or workplace to be removed or contained to protect against further exposure. Compensatory and punitive damages may be awarded in a single settlement or through multiple settlements, depending on the case. Additionally, some court settlements involve the establishment of trust funds or settlements that allow a defendant to pay the plaintiff over time. All settlements are typically reviewed by a judge for approval. In some cases, a plaintiff or their family can receive a structured settlement or a lump sum if the damages amount is large. This is when the defendant agrees to make periodic payments to the plaintiff or their family over an extended period of time. Settlements will vary depending on the specifics of the case, but all settlements should aim to provide some level of restitution to the plaintiff.

Related FAQs

Will I be able to receive medical treatment for an asbestos-related illness?
What is the average settlement for an asbestos-related lawsuit?
What kind of compensation can I expect to receive if I win an asbestos-related lawsuit?
How do I determine the value of an asbestos-related lawsuit?
How do asbestos attorneys protect the rights of victims of asbestos-related diseases?
What types of information should I provide to an asbestos-related attorney?
What is the procedure for filing a complaint against an asbestos company?
Are there any specific procedures for filing an asbestos-related claim?
Is a settlement offer always the best option when it comes to filing an asbestos-related claim?
Can I file an asbestos-related lawsuit without an attorney?

Related Blog Posts

What You Need to Know About Asbestos Litigation Law - July 31, 2023
The Current State of Asbestos Litigation Law - August 7, 2023
Pros and Cons of Asbestos Litigation Lawsuits - August 14, 2023
Understanding Legal Rights in an Asbestos Litigation Lawsuit - August 21, 2023
Important Steps to Take Before Filing an Asbestos Litigation Lawsuit - August 28, 2023