The ​”​Texas Two-Step” bankruptcy procedure has made headlines in recent years, particularly for its use by large corporations facing significant financial liabilities. Known for its unique legal maneuvering, this strategy allows companies to potentially avoid substantial financial burdens, sometimes at the expense of those seeking compensation through lawsuits. In this article, we will break down the basics of the “Texas Two-Step,” its purpose, and the implications it may have for creditors and claimants in mass tort cases. Anyone who has questions about the State of Texas bankruptcy process and how it could apply to their claim should call Flint Cooper. Flint Cooper’s experienced attorneys are here to help. Our firm has been advocating for clients’ rights for over 30 years, winning over $17 billion for our clients in asbestos-related litigation. A Quick Overview of Bankruptcy Before diving into the specifics of the “Texas Two-Step,” it is helpful to understand some basics of bankruptcy law, especially the two types most relevant to corporations: Chapter 7 Bankruptcy: Known as “liquidation” bankruptcy, Chapter 7 involves the sale of assets to pay creditors. While some property may be exempt, filers can generally expect to lose a substantial portion of their assets. Chapter 11 Bankruptcy:

Mesothelioma is a rare, aggressive cancer caused primarily by asbestos exposure. Filing a mesothelioma lawsuit can be an essential step for individuals seeking justice and compensation for the harm they have suffered. If you or a loved one has been diagnosed with mesothelioma, understanding the legal process can help you pursue a successful claim. For over 30 years, the attorneys at Flint Cooper have helped thousands of mesothelioma victims file a claim. In this article, we will outline the steps involved in filing a mesothelioma lawsuit and provide guidance to help you take action. Why File a Mesothelioma Lawsuit? A mesothelioma diagnosis often comes with high medical expenses, lost wages and emotional hardship. Filing a lawsuit can help offset these costs and hold responsible parties accountable. In many cases, companies knowingly exposed workers to the dangers of asbestos, making them liable for damages. Mesothelioma lawsuits allow victims and their families to recover compensation for medical bills, pain and suffering, lost income and other related expenses. Steps to Filing a Mesothelioma Lawsuit Choose an Experienced Mesothelioma Lawyer Mesothelioma cases are complex, requiring specific legal and medical knowledge. Working with a lawyer who specializes in asbestos litigation is crucial to maximizing your

A mesothelioma diagnosis can be life-changing, bringing emotional and financial challenges. While prioritizing your health is essential, it is also critical to consider the financial impact of the diagnosis and potential legal avenues for compensation. Mesothelioma treatments are often costly, and patients may feel a pressing need to secure financial stability for their families. This is where a mesothelioma attorney can be invaluable. Here are five key ways an experienced mesothelioma lawyer can support you and your loved ones during this challenging time. Clarifying Your Options and Rights After receiving a mesothelioma diagnosis, it is natural to have questions about how you were exposed to asbestos, your legal rights and the options available to you. A mesothelioma attorney can answer these questions, helping you understand your rights and guiding you through your options, including whether to pursue a lawsuit. Because every case is unique, having an attorney who can provide personalized advice is critical. A knowledgeable lawyer will help you determine the best path forward, whether it involves filing a lawsuit, seeking a settlement or exploring other forms of compensation. Determine the Value of Your Claim Determining the value of  a mesothelioma claim can be complex. In addition to covering

Facing a mesothelioma diagnosis can be an overwhelming and emotional journey for you and your loved ones. Mesothelioma is a cancer primarily caused by exposure to asbestos, and individuals diagnosed with this aggressive disease often seek compensation through asbestos claims.  The mesothelioma claims process is unique to each case, and an experienced asbestos lawyer can guide you through the complex process and help you secure the compensation you deserve. Here, we will delve into the process for an asbestos claim payout including the claim types, the claim process, and the typical settlement amounts.  Mesothelioma Claim Types There are several different categories of mesothelioma claims. The type of claim you should pursue depends on the details of your asbestos case. Personal Injury Claims Personal injury claims are filed by individuals who have been diagnosed with mesothelioma as a result of asbestos exposure. In most cases, personal injury claims are filed against the companies responsible for the asbestos exposure. This could include manufacturers of asbestos products, companies providing raw asbestos, or negligent employers. Wrongful Death Claims When a mesothelioma patient passes away, their surviving family members can file a wrongful death claim. These claims seek compensation for the financial and emotional losses

According to the American Cancer Society, about 3,000 new mesothelioma cases are diagnosed yearly. Mesothelioma, a particularly deadly cancer frequently related to asbestos exposure often leads victims to seek legal action against responsible parties. Facing a mesothelioma diagnosis can be overwhelming, but finding the right lawyer to represent your case is crucial. If you or a loved one has been diagnosed with mesothelioma and are considering legal action, you may be wondering how to choose the best mesothelioma lawyer. Here, we will explore the qualities of a good mesothelioma lawyer, what questions to ask when searching the best mesothelioma law firms, and how a mesothelioma lawyer can help you pursue justice. How Do I Choose the Best Mesothelioma Attorney? When looking into legal representation for a mesothelioma case, you want to ensure you get the best asbestos attorney available. Some qualities you should look for in a mesothelioma lawyer include experience, knowledge, adequate resources, and compassion. Mesothelioma cases are not the same as other personal injury or product liability cases as they have unique laws and statutes of limitations. Look for a lawyer who specializes in asbestos-related cases and has successfully obtained compensation for clients. A strong track record of

Military veterans often face unique health challenges related to their service, and one of the most concerning issues is asbestos exposure. Asbestos, once commonly used in military equipment and throughout military bases, can lead to serious health problems, including mesothelioma and other diseases. If you or a loved one is a victim of military asbestos exposure, you may be wondering how to prove this exposure. A veteran exposed to asbestos during their time in the military may be able to file a claim with the Department of Veterans Affairs (VA) to receive compensation. To prove your case, you need to provide the correct documentation. Such documentation should include a medical summary from a doctor connecting your military service to the diagnosis of an asbestos-related illness and a detailed asbestos exposure summary. What Is a VA Claim? VA claims are requests for compensation or assistance that you submit to the Department of Veteran Affairs. Veterans file claims to seek compensation for injuries or illnesses that resulted from military service, including disability compensation, healthcare, and more. Am I Eligible for VA Benefits? To be eligible for VA benefits related to asbestos exposure, veterans must meet specific criteria. The criteria for asbestos claims