Senate Judiciary Committee

The FACT Act would "discourage fraud and abuse" in the asbestos bankruptcy trust system while protecting claimants' personal information, says former Washington AG Robert McKenna.

The fate of legislation sponsored by U.S. Senator Jeff Flake (R-AZ) that would provide more transparency in the asbestos bankruptcy trust system could be bolstered by a new study that shows “inconsistencies” and “red flags” in that system.