S&C was named a Product Liability “Practice Group of the Year” by Law360. In an interview with the publication, Bill Monahan, Head of the Firm’s Products Liability & Mass Torts Group, said that S&C specializes in solving complex matters. “We are exceedingly well-equipped to handle product liability matters because we don't just look at it as a product issue. The strength of our diverse areas of practice put us in a unique position to deal with problems from every angle.”
The firm recently advised Koninklijke Philips in litigation arising from the largest medical device recall in history, helping the client reach a global settlement of personal injury, economic loss and medical monitoring claims following its affiliate’s recall of more than 15 million CPAP machines and other respiratory devices; eBay in securing the dismissal of a U.S. Department of Justice lawsuit, which will have significant impact on all online marketplaces; and Kidde-Fenwal in the first-ever Chapter 11 case aiming to resolve national mass tort liability related to “forever chemicals.”
The announcement of the Philips settlement triggered a 29 percent increase in its stock price, on which Bill said, “I've been practicing for 20-plus years, and I've never seen anything like [that]… There was this belief that this [litigation] would linger over the company for years and years. Our ability to announce a comprehensive settlement over all product claims in one day was a real favorable surprise for analysts.”
S&C was named a “Firm of the Year” for its showing in these awards, with eight practices selected.