Motley Rice LLC is an American plaintiffs' litigation firm headquartered in Mount Pleasant, South Carolina.

Companies that file with the assistance of Motley Rice generally emerge from bankruptcy after just a few months and in some cases just 30 to 45 days.

Investors are often allowed to keep their equity and often become wealthy when stock prices rise after a firm is cleansed of asbestos liability.

[2][3] In March 2012, Motley Rice was ordered to pay ITT Educational Services almost $400,000 in legal fees for pursuing a "frivolous" lawsuit the judge said was "based on a completely false story.

All lawyers representing more than one client in a bankruptcy must file under this rule but many plaintiffs firms fiercely resist doing so.

Fibreboard's two main insurers were to contribute about $1.5 billion to a bankruptcy trust fund for future claimants with a very small $10 million from the defendant itself.

Unlike most other asbestos settlements no effort was made to ascertain the number of future claimants and what their financial needs may be.