No Inventory Settlements in Michigan Asbestos Cases

Via Point of Law, the Michigan Supreme Court has barred the use of inventory settlements in asbestos cases — putting low-value cases together with high-value cases in settlement discussions.  Inventory settlements are a substantial problem in pharma mass tort cases as well, with non- or minor-injury cases making up the bulk of the inventories.

The administrative order, which is effective immediately but has a comment period through December 1, is here [PDF].