Proposed California legislation would mandate asbestos bankruptcy trust disclosures statewide

California Assemblyman Ken Cooley (D-Rancho Cordova) has introduced and sponsored Assembly Bill No. 597, the Asbestos Tort Claim Trust Transparency Act, which if passed would require asbestos plaintiffs to disclose all asbestos bankruptcy trust claim documents in asbestos tort actions.

Filed under:
USA, California, Insolvency & Restructuring, Product Regulation & Liability, Wilson Elser, California State Assembly
Authors:
Nicolas P. Martin , Kristin N. Ivanco
Location:
USA
Firm:
Wilson Elser