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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jun 27, 1990
Page
9
A 50 year marriage yields about $20,000 in savings used for grandchildren gifts while Fallon rejects settlement offers totaling $2,500 in 1986. Jury awards sometimes exceed $1 million, but Fallon seeks only enough to cover suffering and support his family as he reflects on aging and the impact of his son’s death.
A report by AMA officials claims U S trade policies fuel global smoking rise, causing nearly 2.5 million premature deaths annually. It urges lobby for policy changes and foreign language health warnings on exports, citing tobacco groups opposing U S restrictions.
The Manville trust faces a $6 to $7.5 billion shortfall as new claims push total costs beyond the current $1.5 billion asset base. Judges ordered a rework of the payment plan, citing delayed compensation for claimants and urging settlements to reduce case backlogs. Plaintiffs and defendants fault the structure and seek faster resolutions to prevent wider industry fallout.
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