Lawmakers, Attys Feud Over Costs Of Asbestos Disclosure Bill

Law360, New York (March 13, 2013, 8:10 PM EDT) -- Lawmakers and attorneys sparred during a House hearing Wednesday over the implications of an asbestos disclosure bill that would require trusts to publish claims for compensation they receive from people exposed to the carcinogen, arguing about the costs and burdens that the legislation would impose.

The House Judiciary subcommittee on regulatory reform, commercial and antitrust law heard testimony from supporter Peggy L. Ableman of McCarter & English LLP and opponent Elihu Inselbuch of Caplin & Drysdale, with Ableman applauding the legislation's transparency requirements and Inselbuch calling...
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