Adopts the Asbestos Trust Claims Transparency Act and the Asbestos Claims Priorities and Over-Naming Reform Act.
The bill adopts the Asbestos Trust Claims Transparency Act and the Asbestos Claims Priorities and Over-Naming Reform Act. It requires claimants to file all available asbestos trust claims within 30 days of filing an asbestos action. The act mandates that claimants produce all related trust claim materials and trust governance documents, and provide an affidavit stating that all such materials are true and complete. The court shall not set the asbestos action for trial earlier than ninety days after the claimant complies with this section.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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