NYCALNew York City Asbestos Litigation
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(100) The Juni opinion's longer term impact is uncertain--one NYCAL judge has already refused to apply it, and the case is on appeal to the Appellate Division, First Department.
In a mass tort setting, such as the NYCAL Asbestos litigation, managing the punitive damage litigation component at a national level also entails yet another layer of planning.
Nycal was not an entity or within any limited group of persons for whose benefit the firm rendered its audit report.