Asbestos is a fibrous material that for decades was used in everything from flooring material to vehicle brakes. It also happens to be deadly when those fibers are inhaled, causing chronic and terminal illnesses such as lung cancer, asbestosis and mesothelioma, which often don't manifest until decades post-exposure.
Many companies that manufactured and sold asbestos-laden products have been the subject of thousands of lawsuits, mostly because there is ample evidence these companies knew of the dangers this material caused and failed to warn users and workers. In some cases, it's been found the companies actively concealed this information.
Some firms have established asbestos trusts to pay out proven asbestos injury and wrongful death claims. Others continue to fight the claims in court.