West Virginia Senate Passes Asbestos Trust Transparency Legislation
On Friday, the West Virginia Senate unanimously passed the Asbestos Bankruptcy Trust Claims Transparency Act and the Asbestos and Silica Claims Priorities Act. The bill sets out standards and procedures for the handling of certain asbestos and silica claims and, importantly, requires the disclosure of any existing or potential asbestos bankruptcy trust claims.
Majority Leader Mitch Carmichael (R-Jackson), one sponsor of the bill, noted it will “promote honesty in litigation and help juries reach fully informed decisions as to the cause of a person’s asbestos-related disease.”
The bill now goes to the House of Delegates.
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