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In June some 300 companies agreed to pay $1 billion to escape litigation that challenged practices in initial stock offerings.
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Speaking about choosing the band's name, Cronise claims that he researched the moniker first and found it "unbelievable" that it hadn't already been used; two bands did already have the name Sword though, including a Canadian heavy metal band, and the frontman states he "narrowly escaped litigation hell" before The Sword was finalised.
The result: 52 companies have entered bankruptcy to escape asbestos litigation.
While the potential for it to escape Verizon's litigation grip has some hope, a more radical step by an aggressive buyer could just be the trick.
Wachovia is following a similar strategy in its litigation to escape financing the Clear Channel/Providence transaction.
National Indemnity may still be negotiating with Transatlantic, but to the extent Transatlantic is slow-walking the process, National Indemnity is stuck unless it brings litigation to escape this standstill requirement.
As part of a strategy to ramp up its sales in the developing world, Philip Morris International is being spun off from the Altria Group so that it can escape the threat of litigation and government regulation in the United States.
Lotus Wong, another member of the squad, uses hula to escape the stress of managing litigation paralegals at the firm White & Case.
While Garner's philanthropy has been much publicized, his banking and litigation woes have escaped media attention.
More than 30 such trusts have been set up in recent decades as a mechanism for companies to escape the crushing burden of asbestos litigation.
Thus far, the chemical company has lost a few breast implant-related cases but has escaped large-scale financial damage from the litigation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com