AIA: Bankrupt Asbestos Deal Points To Legal Need

By Steven Brostoff, Washington Editor

NU Online News Service, Jan. 29, 10:15 a.m. EST, Washington?A United States Bankruptcy Court decision, rejecting a "prepackaged" asbestos-related bankruptcy as unfair, demonstrates the need for federal legislation creating a trust fund to resolve asbestos-related claims, an American Insurance Association executive said.[@@]

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