ACC 962

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Paul J Hanly Jr Esq Paul J. Hanly, Jr., Esq.

ACC-962

Paul J. Hanly , Jr. Education: • Cornell Universityy (B.A., ( magna g cum laude, 1974) • Cambridge University (M.A. (M A with honors honors, 1976) • Georgetown University (J.D., 1979)

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Paul J. Hanly, Jr. Professional Experience: •





Law Clerk to Hon. Lawrence A. Whipple, U.S. District Judge, District of New Jersey, 19791980 National trial, coordinating, and settlement counsel to Turner & Newall and Federal-Mogul companies 1981 companies, 1981-2001 2001 Co-founder of Hanly Conroy Bierstein Sheridan Fisher Hayes LLP LLP, 2002 3

Opinions on Asbestos Litigation 1.

In the tort system of the 1980’s and 1990’s, many defendants were once “peripheral peripheral,” free-riding on the defense and settlement efforts of lead defendants.

2.

When those lead defendants went bankrupt, others were brought to center stage. There was no returning to the “periphery.”

3.

Juries were focused on doing justice between the parties present in the courtroom. courtroom A defendant responsible for widely sold asbestos products could not prevail in the long term by blaming others.

4.

In the 1990s, plaintiffs did not usually focus their cases on gasket products. Plaintiffs’ focus — not encapsulation or low dose defenses — best explains Garlock’s trial record.

5 5.

Trial was never a viable claims management strategy for Garlock. Garlock 4

June 1985 August 1982 Johns‐Manville  Asbestos Claims  files bankruptcy   Facility (ACF) formed

1982

1985

October 1982 Garlock files Motion for  Summary Judgment , In  re Johns‐Manville, 82‐B‐ 11656, Ad. No. 82‐6221

October 1998  Center for Claims  Resolution (CCR)  established

1988

October 1988  ACF dissolves

January 1991  Eagle‐Picher files  bankruptcy  ba uptcy

1990

October 1990 Celotex files   bankruptcy  

1991 1993 1991‐1993

December 1993 Keene files  bankruptcy

January 2001  Federal ‐Mogul /  Turner& Newall  leaves CCR

2000

October  2000 Owens  Corning  g files  bankruptcy

2001

October  2001  Federal‐ Mogul /  T Turner&  & Newall files  bankruptcy