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<\/a><\/a>\n\u201cCape Asbestos was responsible for almost all of the amphibole asbestos imported into the United States,\u201d said Trey Branham<\/a> of Dean Omar Branham Shirley, counsel for plaintiffs John A. Tibbs and his wife.<\/p> \n\u201cIf ESAB Corp. is found to be responsible for that, it is an existential problem for ESAB. This opinion allows the court-appointed receiver to move forward in proving that case.\u201d<\/p> \nThe opinion upheld a pre-judgment receivership designed to pursue assets and claims allegedly tied to Cape\u2019s asbestos liabilities.<\/p> \nRead the full opinion from the South Carolina Supreme Court here<\/a>.<\/p> \nThe receiver is pursuing claims alleging ESAB and others are the alter ego of Cape, a company long tied to asbestos litigation. Cape sold more than 95% of the type of asbestos commonly used in industry and on U.S. Navy ships starting in the early 1950s through the late 1970s. Mesothelioma, the fatal cancer at the center of many asbestos lawsuits, is caused by asbestos exposure.<\/p> \nBeyond asbestos litigation itself, the opinion raises broader questions about litigation exposure for multinational corporations operating through layered international corporate structures, Mr. Branham said.<\/p> \n\u201cThis ruling sends a clear message: Foreign corporations cannot hide behind international corporate structures to avoid accountability in American courts,\u201d he said. \u201cThis is a consequential decision not only for asbestos litigation but for any case involving multinational corporations attempting to place assets, affiliates or decision-makers beyond the reach of U.S. courts.\u201d<\/p> \nThe case is Tibbs v. Asbestos Corp. Limited <\/i>in the South Carolina Supreme Court. ESAB is a publicly traded manufacturing and industrial company listed on the New York Stock Exchange under ticker ESAB.<\/p> \nAbout Dean Omar Branham Shirley<\/b><\/p> \nDean Omar Branham Shirley, LLP, is a nationally recognized trial firm that handles cases across the country for individuals who have suffered catastrophic injuries or have died as a result of irresponsible conduct of others. For more information, please visit http:\/\/www.dobslegal.com<\/a><\/p>