October 31, 2016
“In Most States, Bankruptcy Trust Information Remains Elusive” by Jennifer Studebaker, guest writer for KCIC Blog
Bankruptcy trust transparency, or lack thereof, is one of the most hotly contested issues in asbestos litigation today. Repeated attempts at federal legislation have not been successful. However, legislatures in Georgia, Ohio, Oklahoma, Wisconsin, West Virginia, Arizona, Texas, Tennessee, and Utah have enacted laws that entitle defendants to information regarding plaintiffs’ bankruptcy trust submissions.