Trusts

With Obama’s Veto Threat Gone, Asbestos ‘Double-Dipping’ Bill Reintroduced

A bill that targets the country’s current asbestos injury compensation system has been quietly reintroduced by a Texas federal lawmaker who is hoping President Trump is more receptive than his predecessor. U.S. Rep. Blake Farenthold, a Republican who serves on the House Judiciary Committee and the House Committee on Oversight and Government Reform, re-submitted the …


U.S. House Panel Approves Asbestos ‘Double-Dipping,’ Litigation Reform Bills

The U.S. House Judiciary Committee has approved a bill that targets the country’s current asbestos injury compensation system and another that aims to weed out unmeritorious class action claims. Early Wednesday, the committee passed the Furthering Asbestos Claim Transparency, or FACT, Act of 2017 by a vote of 19-11. The panel, in a vote later in the day, passed the Fairness in Class Action Litigation Act of 2017, 19-12. House Judiciary Chairman Bob Goodlatte, R-Va., praised the FACT Act’s approval. …