North Dakota and Mississippi have become the third and fourth states to enact laws requiring more transparency of the trusts formed to administer companies declaring bankruptcy amid asbestos litigation [Sara Warner, Huffington Post] “With Obama’s veto threat gone, asbestos ‘double-dipping’ bill reintroduced” [Jessica Karmasek, Legal NewsLine] “State AGs Probe Asbestos Bankruptcy Trusts To Recover Medicare Payments” [Daniel Fisher] And per a paper from the U.S. Chamber, Ohio’s pioneering asbestos claim transparency law is working well [Institute for Legal Reform]
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