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May 15, 2014
Washington, DC - may 12, Senator Republican Jeff Flake of Arizona introduced version of the Senate to advance asbestos claims transparency law, colloquially known as de facto law, by 2014. Version of the House Bill was adopted November 13, 2013.
Objective of the Bill is to prevent fraudulent claims of asbestos requiring bankruptcy asbestos trusts to publish quarterly reports that include the names of the victims, the history of exposure to the and Details of the payment in the interests of transparency. Trusts have been set up to ensure that exposure to asbestos victims would be compensated, even after the company went bankrupt.
Many Democrats have maintained that such a law could lead to discrimination in employment, as some employers may avoid hiring people with a history of asbestos litigation in order to avoid a similar situation. During discussions of House on the Bill, Democrat Nancy Pelosi of California argued that there is no evidence proving the "systematic fraud". She also referred to the Bill as "petty", echoing the opinion of many Democrats.
Republicans argue that the law is necessary to reduce corruption, not asbestos claimants, but greedy lawyers.
"Congress must act now to increase transparency," Flake said in a statement. "The lack of transparency and control of these trusts have allowed a system where applicants can file incompatible claims among the many trusts or trusts against and solvents companies in the tort system." This lack of transparency is threatening the ability of future applicants to receive full compensation for their injuries. »
Exposure to asbestos is responsible for many respiratory health problems, including the fatal mesothelioma. Although asbestos was banned in the 1970s, about 3,000 mesothelioma diagnoses are made each year due to the prolonged disease latent period.Share your ideas with us on Facebook