The Senate bill that would have established a $140 billion fund to compensate victims of asbestos was defeated last night because of budgetary questions. The vote to override the budget objection failed on a 58 to 41 vote. Majority leader Bill Frist had said he would not try to bring the bill back later in…
Category Archives: Asbestos Lawsuits
Will the senate asbestos bill pass?
Investor’s Business Daily (via Yahoo) is reporting that the asbestos bill will have its day, but its chances of passing are slim. After more than two years of wrangling, the Senate is set to vote…on a major $140 billion bill to resolve the asbestos litigation crisis. But insiders say the bill’s chances are iffy at…
Settlement reached in WV asbestos suit
According to AP writer Allison Barker, WVU will pay former and current employees as part of an asbestos class action settlement: West Virginia University has reached a settlement in a class-action lawsuit affecting up to 5,600 former and current employees who may have been exposed to asbestos, the school announced Tuesday. As part of the…
Asbestos bill meeting next Thursday
Here’s the latest on the asbestos bill, from TheHill.com: An upcoming Senate Judiciary Committee hearing on asbestos-injury-liability reform will give Chairman Arlen Specter (R-Pa.) a chance to counter a critical report about his bill and rejuvenate his effort to move the legislation forward. The hearing, scheduled for next Thursday, could be viewed as a response…
Latest on the senate asbestos bill
Have you been wondering what’s going on with the senate asbestos bill? Nov. 2 — The U.S. Congress is putting off a series of contentious issues until 2006, an election year when lawmakers may find it difficult to pass them. Congress has up to six weeks left in this legislative year, and its docket is…
Closer to a decision?
Senate Leaders Narrow Differences on Asbestos Excerpt: U.S. Senate leaders have narrowed their differences over a proposed fund to compensate asbestos victims and are talking about a fund of between $131 billion and $141 billion, aides and others close to the talks said on Friday. Senate Democratic Leader Tom Daschle of South Dakota proposed a…
Class Action Alternatives
Recovering Financially From Mesothelioma Disability Insurance Disability claims may be filed if one has such insurance either privately or through an employer. Social Security Disability Disability claims can be filed with the federal social security system. Worker’s Compensation Only if asbestos exposure can be linked to a particular job-site can a worker’s compensation claim be…
Sen. Specter says no asbestos vote soon
The latest on the asbestos bill… WASHINGTON (Reuters) – A bill to create a $140 billion asbestos compensation fund is not expected to come up on the Senate floor before the August recess, the legislation’s co-author, Sen. Arlen Specter, said on Wednesday. “It does not look at this point as if the majority leader is…
Asbestos lawyers’ scams
Here’s the start of an interesting Washington Examiner article about asbestos laywers’ scams: A Supreme Court vacancy has forced the Senate Judiciary Committee to delay other business, including a bill that would create a trust fund to compensate victims of asbestos-related illness. In the meantime, trial lawyers continue the feeding frenzy that this bill could…
Asbestos Update
Here’s a quick asbestos update from the St. Clair Record: Word from the U.S. Capitol is that the long debated federal asbestos litigation reform measure will– finally– start moving toward passage in July. At issue has been who will pay into a proposed $140 billion ‘Asbestos Trust Fund’ intended to replace litigation, and how much….