Panel Pushes For Asbestos Trusts To Publish Claimants' Info

Law360, New York (May 10, 2012, 4:27 PM EDT) -- Witnesses insisted to a U.S. House subcommittee on Thursday that a bill to force asbestos trusts to disclose information about the claims they receive does not compromise claimants' privacy, though one attorney contended the measure was a sop to companies facing asbestos-related suits.

H.R. 4369, the Furthering Asbestos Claim Transparency Act of 2012, would require trusts to file a public quarterly report with the bankruptcy court and the U.S. trustee detailing each claim it received, including the name and exposure history of each claimant. The bill...
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