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In Business This Week
IMPLANTS: ANOTHER DOW GETS BURNED
THERE ARE STILL BIG BUCKS to be made in silicone breast-implant litigation--despite the $4.2 billion settlement reached last year between manufacturers and thousands of plaintiffs. On Feb. 15, a Houston jury ordered Dow Corning and Dow Chemical to pay a couple $5.23 million--the woman got $4.23 million, her husband the rest--after it found the safety of the devices had been "misrepresented." The verdict is the first time Dow Chemical, which owns 50% of Dow Corning and must pay 20% of the award, has been held liable in an implant case. Now, lawyers are eyeing Dow Chemical as a new deep pocket to pick. The company asked to be dropped from the judgement.EDITED BY KEITH H. HAMMONDS