U.S. House Approves Asbestos Trust Disclosure Bill

U.S. House Approves Asbestos Trust Disclosure Bill

WASHINGTON, D.C. - Saying the measure will provide much needed transparency in the more than 60 asbestos-bankruptcy trusts and help prevent fraud, the U.S. House of Representatives on Nov. 13 passed House Resolution 982, the Furthering Asbestos Claim Transparency Act (FACT Act) by a 221-to-199 margin.

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