Asbestos claims and class-action reforms pass House
The US House of Representatives has passed a bill that would
increase transparency relating to asbestos trusts and clamp down on
spurious class-action claims.
The Fairness in Class Action Litigation and Furthering Asbestos
Claims Transparency Act would increase the reporting burden for
trusts set up to fund damage claims from mesothelioma victims. The
fibrous mineral can cause the fatal disease.
The so-called FACT Act would also raise the bar for plaintiff
lawyers asking a federal court for clas
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