Dow Corning Seeks Chapter 11 Bankruptcy
At a glance:
- Series: Great Events: 1900-2001
- Categories: Economics, Law, Legal History, Courts
- Subcategories: Business
- Curriculum: American History 1951-present
- Geographical Location: Michigan
- Date: May 15, 1995
Article abstract: Dow Corning, leading producer of breast implants, filed for bankruptcy because of lawsuits involving its breast implants. By filing for bankruptcy, Dow froze all lawsuits against it.
A Problem and a Settlement
Breast implants were used by women to replace breasts that had been removed for medical reasons such as cancer or to enhance their appearance through breast augmentation or shape alteration. Dow Corning, the manufacturer of a silicone gel breast implant, along with several other breast implant manufacturers, was sued by hundreds...
[The entire page is 675 words long]
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