Successor Asbestos-Related Liability Fairness Act; created. (HB142)
Introduced By
Del. Terry Kilgore (R-Gate City) with support from co-patrons Del. Clay Athey (R-Front Royal), Del. Anne Crockett-Stark (R-Wytheville), Del. Beverly Sherwood (R-Winchester), and Sen. Bill Carrico (R-Grayson)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia Successor Asbestos-Related Liability Fairness Act; created. Creates the Virginia Successor Asbestos-Related Liability Fairness Act, which establishes limits on the liability of successor corporations for asbestos-related claims that have been assumed or incurred through merger or consolidation with another corporation. View Full Text »
Outcome
Bill Has Failed
View Bill's History
Comments
Why is it okay to allow the victim, the injured party, to take the financial hit?
This just continues the mandate that corporations aren't responsible to anyone for anything except making profits for their stockholders.
Bad bill....leave this to the courts and stop taking so much corporate lobbyist's money....