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House hearing spotlights bipartisan push to require asbestos transparency, limit over-naming in lawsuits
Summary
Representative Greg Overstreet told the House Judiciary Committee his House Bill 803 would require plaintiffs to disclose asbestos trust filings early in civil cases and would demand minimal factual ties before defendants are named, aiming to speed recoveries and curb indiscriminate over-naming.
Representative Greg Overstreet, sponsor of House Bill 803, told the House Judiciary Committee the bill aims to make asbestos litigation more transparent and to prevent companies from being named without proof of exposure. "This morning I bring to you House Bill 803, a bill that brings forward important reforms to ensuring legitimate asbestos claims are handled efficiently and expeditiously through our courts and that plaintiffs are justly and timely compensated," Overstreet said.
The bill has two principal components. The first would require plaintiffs to disclose and accelerate filing claims they have submitted to asbestos bankruptcy trusts so juries see the full exposure history. "By removing the disconnect that presently exists between the asbestos trust and civil justice system, juries will be able to…
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