Breast-implant pact revised

Article Abstract:

Bristol-Myers Squibb Co, Baxter Healthcare Corp and 3M proposed a new silicone breast implant damage settlement plan on Oct 2, 1995. The new plan, if approved, would replace the 1994 plan and would pay out smaller awards to the women affected. Dow Corning Corp is not part of the plan.

3M Co., MMM, Personal injuries, Dow Chemical Co. (Midland, Michigan), Bristol-Myers Squibb Co., DOW, BMY, Baxter Healthcare Corp.

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Implant suits bankrupt Dow Corning

Article Abstract:

Dow Corning filed for Chapter 11 bankruptcy protection on May 15, 1995, as a result of thousands of personal injury lawsuits against it. Women claimed that Dow's silicon breast implants had given them health problems, and the FDA later banned the implants.

Finance, Medical equipment and supplies industry, Medical equipment industry, Bankruptcy

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News in brief

Article Abstract:

A Michigan jury ruled on Feb 14, 1996, that insurers of Dow Corning Corp are liable for breast-implant lawsuits. Other corporations discussed include Dial Corp, Sara Lee Corp, Apple Computer, Motorola, Barneys Inc, Isetan Co and Paine Webber Group.

Insurance industry, Breast implants

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