Publications
When Product Liability Claims Are Hidden From Bankruptcy
December 2017 - Law360
Publications
When Product Liability Claims Are Hidden From Bankruptcy
December 2017 - Law360
Judicial estoppel is often employed to dismiss product liability actions when defense counsel discover that a plaintiff failed to disclose his or her potential claims during a prior bankruptcy proceeding. In this context, judicial estoppel protects the integrity of the bankruptcy proceeding and prevents a litigant from later taking an inconsistent position to obtain a strategic benefit: first, concealing the claims from the bankruptcy estate to maintain control over the claims as assets, and then asserting those claims in a different court to obtain damages.
Read the article here.