A new bill was approved by the U.S. House Judiciary Committee that could damage the asbestos claims process and prevent victims of asbestos-related diseases from ever seeing any sort of monetary compensation before they pass. The legislation is “H.R. 906” and is referred to as the “Furthering Asbestos Claims Transparency Act.” If this bill is
Archive for the 'Asbestos Bankruptcies' Category
Asbestos detected, removal work in progress in Elliott Hall: Vinyl composition tile that tested positive for asbestos is being removed from Elliott Hall Building A. Don Compton, Facilities Planning, Design and Construction associate director, said the fact that on-campus buildings have been made with asbestos-containing materials is not merely a rumor…. The United States Environmental
$5.2 Billion Asbestos Deal Reached by Owens Corning; Company Agrees to Pay Victims and Emerge from Bankruptcy
In what is likely the largest asbestos settlement in history, principles announced today a $5.2 billion dollar agreement to resolve current and future asbestos claims with Owens Corning and permit the world’s largest producer of insulation products to emerge from bankruptcy with no further obligations for asbestos liability. Terms of the agreement will require Owens
Last update: March 06, 2014. 08:41:31 pm.