Wis. Assembly Passes Asbestos Trust Transparency Bill

Law360, New York (March 20, 2014, 7:40 PM EDT) -- The Wisconsin state assembly voted Thursday to pass a measure to require asbestos plaintiffs to reveal the claims they have filed with bankruptcy trusts amid longstanding complaints by defendants that plaintiffs downplay the sources of their asbestos exposure in order to win higher payouts from each company.

The state assembly, which has a Republican majority, voted 55-38 to pass the asbestos trust transparency reform bill, A.B. 19. The state Senate had voted 17-16 on March 12 to approve an amended version of the measure, which requires...
To view the full article, register now.