Posts tagged Bankruptcy Reform Act.
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Thirty-six billion dollars. That's the value of assets in all asbestos-related bankruptcy trusts, according to the United States Government Accountability Office (and that's 2011 numbers!).[1] With so much money sitting idly by, as the old adage goes, the money is talking. When money talks, the United States Congress listens (that should be another adage).

"Asbestos litigation has been the longest-running mass tort litigation in U.S. history and arose out of millions of Americans' lengthy and widespread occupational exposure to asbestos[.]"[2] As asbestos litigation enters ...

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