Product Liability
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Product liability is an increasingly complex area that poses significant challenges to corporate risk managers, policy makers, business advisors, and even consumers. In the past decade, national headlines have highlighted the unprecedented number of liability claims and extensive social upheaval from products that pose serious unintended consequences for workers, consumers, and the environment. Given the potential financial losses from a potential product liability, the business stakes are high, especially in the global economy.
Product Liability presents business and policy advisory perspectives regarding a number of important issues that emerge from current and ever-changing legal and global market conditions. This book helps the reader navigate the complex web of risks and opportunities and offers strategies that minimize product liability under a range of regulatory and legal regimes.
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Table of contents
About the Editor
About the Authors
Dedication and Acknowledgments
C H A P T E R ONE
Introduction
ROBIN CANTOR AND SHIREEN MEER
C H A P T E R TWO
Product Risk Assessment and the Role of Government
E. DONALD ELLIOTT AND GAIL CHARNLEY ELLIOTT
C H A P T E R T H R E E
Current Issues in U.S. Consumer Product Safety Commission Section 15 Notification Requirements
ERIC A. RUBEL
C H A P T E R F O U R
Product Recalls: Decision Making, Management, and Prevention Strategies to Reduce Product Liability Risk
ARTHUR MILLER, BRADLEY MURLICK, AND MELANIE NEUMANN
C H A P T E R F I V E
Emerging Solutions for Risk Transfer in Product Liability
ANDREA TECCE, JAMES T. H. DEAVER, AND ROBERT P. JACOBS
C H A P T E R S I X
Perspectives from Europe: A Pan-European Tour of a Changing Landscape
JOHN EVANS, JAMES BARRATT, AND COLLETTE RAWNSLEY
C H A P T E R S E V E N
Asbestos Claims and Litigation
ROBIN CANTOR, MARY S. LYMAN, AND RICHARD REISS
C H A P T E R E I G H T
Strategic Enterprise Risk Management and Pharmaceuticals
CATHY L. BURGESS, STEVE NIEDELMAN, AND JOHN R. FLEDER
C H A P T E R N I N E
Changing Perspectives on Chemical Product Risks
MONICA M. WELT, ELIZABETH L. ANDERSON, AND CHARLES A. MENZIE
C H A P T E R T E N
New on the Horizon: Nanotechnology
LYNN L. BERGESON
Conclusion
A P P E N D I X
Government-Sponsored Voluntary Initiatives
Table of Cases
Index