Asbestos/class action reform bill passes U.S. House

WASHINGTON – Under threat of a presidential veto, the U.S. House of Representatives on Jan. 8 passed a bill that targets class action lawsuits and the asbestos injury compensation system. H.R. 1927 combines the Fairness in Class Action Litigation Act and the Furthering Asbestos Claim Transparency Act, or FACT Act. After hours of debate and the rejection of several Democrat-proposed amendments, the Republican-controlled House passed the bill in a 211-188. Read More »