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A 140-billion-dollar trust legislation fund creation , intended to compensate victims of exposure to asbestos, will be discussed in the US Senate in January, as it was anounced by the Tennesee Republican Bill Frist in October 2005.
Legislation creating a 140-billion-dollar trust fund to compensate victims of asbestos exposure will be debated on the floor of the US Senate in January, top Senate Republican Bill Frist announced.
The appellate court said McCarthy was right to let the jury decide the case and that the evidence "clearly showed that although (Union Carbide) provided information and some warning to Georgia-Pacific, it did not fully disclose the magnitude of the hazards then known to exist."
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The US Labor Department managed fund would help resolve a years-old crisis and would provide payments to thousands of US victims.
Asbestos, a naturally occurring mineral, was used until the mid-1970s in a variety of products, including fireproofing, insulation and car brakes, but was found to be a major cause of mesothelioma, a cancer of a membrane in the chest, and asbestosis, a progressive scarring of the lungs that can cause fatal breathing problems. Asbestos, a naturally occurring mineral, was used until the mid-1970s in a variety of products, including fireproofing, insulation and car brakes, but was found to be a major cause of mesothelioma, a cancer of a membrane in the chest, and asbestosis, a progressive scarring of the lungs that can cause fatal breathing problems. Asbestos, a naturally occurring mineral, was used until the mid-1970s in a variety of products, including fireproofing, insulation and car brakes, but was found to be a major cause of mesothelioma, a cancer of a membrane in the chest, and asbestosis, a progressive scarring of the lungs that can cause fatal breathing problems.
Between 1940 and 1980 more than 27.5 million workers were exposed to the substance and asbestos related ailments currently affect tens of thousand of US families. Dennis Kavanaugh, a West Palm Beach carpenter, claimed that inhaling asbestos fibers in drywall joint compound during the 1970s led to stomach cancer 30 years later. Kavanaugh, 61, died in December of mesothelioma, a malignancy of the linings of major organs. Experts say that because asbestosis and mesothelioma both have long latency periods before the diseases surface, millions more people may yet fall ill.
Legislation creating a 140-billion-dollar trust fund to compensate victims of asbestos exposure will be debated on the floor of the US Senate in January, top Senate Republican Bill Frist announced. The company appealed, saying it had fulfilled its duty by putting warning labels on bags of raw asbestos sold to manufacturers and that it had no way of warning "ultimate users" not to breathe drywall dust. It also said Circuit Judge Timothy McCarthy erred in not dismissing the case before it went to the jury.
The bill was reached with the input of insurers, trial lawyers, labor groups and manufacturers, was approved in May by the Senate Judiciary Committee. Asbestos, a naturally occurring mineral, was used until the mid-1970s in a variety of products, including fireproofing, insulation and car brakes, but was found to be a major cause of mesothelioma, a cancer of a membrane in the chest, and asbestosis, a progressive scarring of the lungs that can cause fatal breathing problems. The money for the fund would be provided by the insurance industry, business groups, and companies that once used asbestos in their products. In return for receiving compensation from the fund, asbestos victims would give up their right to sue. The appellate court said McCarthy was right to let the jury decide the case and that the evidence "clearly showed that although (Union Carbide) provided information and some warning to Georgia-Pacific, it did not fully disclose the magnitude of the hazards then known to exist." In December, the court ruled that Union Carbide was 90 percent liable for a $1.8 million verdict won by a Broward County drywall worker. The measure would create a trust fund, financed by companies and insurers facing lawsuits, to compensate victims of asbestos exposure. The bill was reached with the input of insurers, trial lawyers, labor groups and manufacturers, was approved in May by the Senate Judiciary Committee. The measure would create a trust fund, financed by companies and insurers facing lawsuits, to compensate victims of asbestos exposure. The company mined asbestos and supplied it to manufacturers for use as a binder in the joint adhesive. Kavanaugh sued several manufacturers, including Georgia-Pacific Corp., but a jury found Union Carbide 100 percent at fault in May 2003.
Between 1940 and 1980 more than 27.5 million workers were exposed to the substance and asbestos related ailments currently affect tens of thousand of US families.Between 1940 and 1980 more than 27.5 million workers were exposed to the substance and asbestos related ailments currently affect tens of thousand of US families.
Legislation creating a 140-billion-dollar trust fund to compensate victims of asbestos exposure will be debated on the floor of the US Senate in January, top Senate Republican Bill Frist announced. The bill was reached with the input of insurers, trial lawyers, labor groups and manufacturers, was approved in May by the Senate Judiciary Committee. The measure would create a trust fund, financed by companies and insurers facing lawsuits, to compensate victims of asbestos exposure. |
