Senators Introduce PROTECT Asbestos Victims Act
Senators Thom Tillis, Chuck Grassley, and John Cornyn introduced the PROTECT Asbestos Victims Act earlier this month to provide, “much-needed oversight of asbestos bankruptcy trusts to ensure victims receive just compensation.”
“Those affected by asbestos-related diseases deserve compensation free from mismanagement by the bankruptcy system,” said Senator Cornyn in a press release. “This legislation would criminalize the submission of fraudulent claims and allow the Justice Department to conduct the oversight necessary to ensure asbestos victims receive the payments they are due.”
Read the full press release to learn more about how the PROTECT Asbestos Victims Act will protect future asbestos victims.