Asbestos Double-Dipping Bill Introduced
Late last week Representative Blake Farenthold submitted the Furthering Asbestos Claim Transparency (FACT) Act (H.R. 906), that would increase transparency in the asbestos trust system, writes Legal Newsline.
“When attorneys and their clients bring false or exaggerated claims to trusts, they take assets from deserving victims,” said Farenthold. “The Fact Act will discourage this kind of abuse by shining light on the trust system, as sunlight is often the best disinfectant.”
The FACT Act passed the House last year by a vote of 211-188 but did not move in the Senate.
