Smith's House committee passes asbestos trust information bill

John O'Brien Jun. 11, 2012, 8:50am

House Judiciary Committee Chairman Lamar Smith (R-Texas)

WASHINGTON (Legal Newsline) - The House Judiciary Committee on Friday passed a bill that would require asbestos bankruptcy trusts to provide more information on exposure claims made to them.

The committee rejected two amendments proposed by Democratic members, then voted 15-14 to send the bill to the full House of Representatives for consideration. Discussion of the bill began on Wednesday, when committee Chairman Lamar Smith, R-Texas, adjourned the committee after two hours of hearing amendments.

House Resolution 4369 would allow defendants in asbestos lawsuits to seek information on a plaintiff's claims made to asbestos bankruptcy trusts. It was introduced by Republicans Ben Quayle of Arizona and Dennis Ross of Florida and Democrat Jim Matheson of Utah.

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