Washington Examiner Editorializes on Garlock Decision, Need to Pass FACT Act
In an editorial entitled, “Judge finds pervasive fraud by trail lawyers in asbestos litigation,” The Washington Examiner today highlights the Garlock decision and the need to pass the Furthering Asbestos Claim Transparency (FACT) Act of 2014, the Senate version of which was introduced this week by Sen. Jeff Flake (R-AZ).
According to the editorial, the Garlock decision, “sent shock waves through the ranks of trial lawyers who in recent decades made careers and fortunes on asbestos liability litigation.”
The editorial quotes ILR President Lisa A. Rickard about the need for the FACT Act: “Fraud and abuse in the system drain the funds available to deserving claimants and forces solvent companies, as well as their shareholders and employees, to pay more than their fair share when claimants ‘double dip’ in court and into the trust systems. The FACT Act would diminish the damaging economic ripple effect of these abuses.”
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