Asbestos Bankruptcy Trust Transparency Act – H.B. 1197
Requires disclosures by the plaintiff within thirty days of filing,
Requires disclosures by the plaintiff within thirty days of filing, a defendant to file a motion requesting a stay of the proceedings, requires the plaintiff to file asbestos trust claims within ten days of receiving the defendant’s motion, allows a defendant to seek discovery from an asbestos trust, and allows a defendant to seek sanctions for any failure to comply with the requirements of the bill.
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