Bankruptcy

  • News Release

    News Release

    Preparing Now Can Help Small Businesses Revive More Quickly as the Economy Reopens, Business Owners Tell RAND

    As small businesses reopen after a lengthy pandemic shutdown, one key challenge will be finding working capital to replenish inventories and pay employees until revenue returns to normal.

    May 27, 2020

  • Lisa Rowland, owner of Dog's Best Friend, trims the coat of a poodle as dog grooming services gradually reopen during the COVID-19 outbreak, in Pasadena, California, May 21, 2020, photo by Mario Anzuoni/Reuters

    Report

    How Small Businesses Are Surviving the Pandemic

    Small-business owners are facing many challenges as a result of the COVID-19 pandemic. What kinds of policies might help them in the immediate term? And what will they need to thrive once the public health crisis has passed?

    May 22, 2020

  • Journal Article

    Journal Article

    Response to Inselbuch and Sackett's Critique of RAND Reports on Asbestos Trusts and Asbestos Litigation

    RAND responds to a piece published in Mealey's Asbestos Bankruptcy Report that was critical of three RAND studies on asbestos litigation and bankruptcy trusts.

    Mar 9, 2016

  • Events @ RAND Audio Podcast

    Multimedia

    Financial Literacy and the Cost of Ignorance

    In this Events @ RAND podcast, Economist Annamaria Lusardi discusses financial literacy, or the ability to use knowledge and skills to manage financial resources effectively. The podcast also explores workplace programs and policy changes that could help individuals learn about managing their personal finances.

    Jun 18, 2015

  • Research Brief

    Research Brief

    Bankruptcy Trusts Complicate the Outcomes of Asbestos Lawsuits

    Interrogatories and depositions in a tort case against a bankrupt firm are less likely to reveal exposure to asbestos in the firm's product than if the case had occurred before the firm filed bankruptcy.

    May 21, 2015

  • Asbestos insulation

    Report

    Bankruptcy's Effect on Product Identification in Asbestos Personal Injury Cases

    One of the most significant developments in asbestos litigation in the past 15 years is the rising rate of bankruptcy among asbestos defendants. Bankruptcy reduces the likelihood that exposures to the firm's asbestos-containing products will be identified in interrogatories and depositions.

    May 21, 2015

  • Report

    Report

    Links Between Asbestos Bankruptcy Trusts, Tort Cases Examined

    Asbestos bankruptcy trusts—created to compensate people injured by the mineral—may be influencing tort cases. The current way that the trusts and the tort cases are linked together may result in payments that are not consistent with the basic principles of the tort liability system.

    Aug 18, 2011

  • Research Brief

    Research Brief

    Bankruptcy Trusts, Asbestos Compensation, and the Courts

    People with asbestos injuries are increasingly receiving compensation from trusts set up by bankrupt asbestos defendants. This brief documents how courts handling these cases consider trust payments when determining compensation.

    Aug 18, 2011

  • News Release

    News Release

    Links Between Asbestos Bankruptcy Trusts, Tort Cases Examined

    Asbestos bankruptcy trusts—created to compensate people injured by the mineral—may be influencing tort cases. The current way that the trusts and the tort cases are linked together may result in payments that are not consistent with the basic principles of the tort liability system.

    Aug 18, 2011

  • Report

    Report

    Asbestos Bankruptcy Trusts: An Overview of Trust Structure and Activity with Detailed Reports on the Largest Trusts

    While legislative and judicial reforms have made it increasingly difficult to obtain compensation for nonmalignant diseases in the tort system, the trust system remains a source of compensation for such injuries. This report describes the creation, organization, and operation of asbestos personal-injury trusts and compiles publicly available information on the assets, outlays, and governing boards of the 26 largest ones.

    Jul 26, 2010

  • Content

    Content

    Noreen Clancy

    Senior Policy Analyst
    Education M.S. in environmental science and policy, The Johns Hopkins University; B.A. in criminology and law, University of Florida

  • Content

    Content

    Lloyd Dixon

    Director, RAND Center for Catastrophic Risk Management and Compensation; Senior Economist
    Education Ph.D. in economics, University of California, Berkeley; B.S. in general engineering, Stanford University; B.A. in political science, Stanford University