Sued into submission

Gawker Media closed in August due to a successful privacy lawsuit by former wrestler Hulk Hogan. The US news site isn’t the first to fail following legal troubles.

2: Average number of portable gas cans per million said to be defective by “jerry can” maker Blitz USA. After fighting lawsuits, the firm closed in 2012 because it couldn’t afford liability insurance.

7.8: Millions of dollars in cleanup costs demanded by the Montreal, Maine & Atlantic Railway by the government and town, following the 2013 Lac-Megantic, Que., rail tragedy. MMA’s buildings, property and tracks were sold in early 2014.

10: Settlement in millions of dollars in a 2016 class-action lawsuit against Canadian payday loan firms The Cash Store and Instaloans for charging too much in interest and fees. The parent firm sought bankruptcy protection in 2014.

18: Months prior to the 1992 bankruptcy of Canadian miner Galactic Resources Ltd. that its Summitville gold mine was required to monitor leaks of heavy metals. Lawsuits were settled in 2000.

27: NFL Dallas Cowboys players working out in their tent-like, steel-framed practice facility when it collapsed in 2009. The assets of Calgary-based Cover-All Building Systems were sold the next year.

400: Peak number of staff working for the trust created in 1989 to compensate victims of the Dalkon Shield intrauterine device. Manufacturer A.H. Robins Co. was sold in 1989 to fund nearly US$3 billion in payouts.

200,000: Asbestos-related claims against Johns-Manville Corp. when filing for bankruptcy in the US in 1982. A trust was endowed with about US$2 billion and a reorganized firm – Manville Corp. – emerged in 1988.

About the Author

Steve Brearton

Steve Brearton is a freelance writer in Toronto.

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