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Mass Torts and Product Liability

Transportation Torts and Recalls At A Glance

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Transportation-related tort and product recall liabilities can create financial uncertainty that can affect a firm's future prospects. Experts in NERA's Mass Torts and Product Liability Practice have been analyzing issues related to transportation torts and product recalls for almost 20 years. We understand that product recalls may differ from more mature torts. Product recalls may have limited claims data, uncertain filing patterns, tighter lifecycles, and can involve estimating failure rates, as well as determining incidence of injury, forecasting future liability claims, and estimating diminution of value for those who own the product.