Bondex International is one of the many companies that injured American workers by
using asbestos. Bondex is a subsidiary of RPM International, Inc. The company used asbestos
in its products until 1981, long after asbestos was proven deadly. Most Bondex products were used for construction. Thus, Bondex not only injured employees who manufactured these products, but thousands of construction workers across the nation. Moreover, because asbestos is an airborne hazard, anyone working at a job site was at risk.
As early as the 1920s, physicians recognized that exposure to asbestos caused severe
sickness when asbestosis was identified by British medical journals. At the same time, insurance companies in the United States and Canada stopped selling life insurance to asbestos workers. Moreover, safer substitutes for most asbestos uses were known as early as the 1930s. Nevertheless, Bondex chose to protect its substantial profit margins rather than discontinue use of the mineral.
Additionally, the asbestos fibers remain in a person's lungs for years and symptoms may
not develop for decades. Accordingly, Bondex's victims might live for decades without knowing
of the deadly injury they sustained.
Bondex International has been involved in many asbestos related lawsuits over the past
20 years. The majority of these cases arose in Florida, Illinois, Ohio, Mississippi, and Texas.
Because of these lawsuits, the company has depleted most of its insurance coverage. The
company reviewed its liability policies and decided to sue its insurance companies to challenge
the ruling that policies have been exhausted. Thus, it is likely that more money will be available
to cover the injuries Bondex caused to thousands of Americans.
Because Bondex was unable to estimate the liability it owed its victims, the company
established a reserve of $140 million to cover known claims, as well as an additional $51.2
million for future claims. If you or a loved one has been injured by Bondex, it is important that
you contact Gori Julian & Associates immediately for more information on your rights.
- Apr 11 - Could a new test provide earlier detection of mesothelioma?
- Apr 10 - U.S. still a major importer of asbestos for industrial use
- Apr 05 - Legislation could delay asbestos lawsuits in some states
- Apr 02 - Mesothelioma suit moved from local court to federal jurisdiction
- Mar 29 - Building executives plead guilty to asbestos-related crimes
Bondex International
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Gori Julian & Associates, P.C.
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Edwardsville,
IL
62025-1972
Fax: 618-659-9834
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Edwardsville, IL 62025
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63376
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