Senate Judiciary Committee Chairman Arlen Specter, R-Pa., said Tuesday he plans to move forward with his legislation aimed at ending asbestos liability lawsuits in exchange for a $140 billion victims trust fund. But several committee Republicans said they have concerns that must be addressed before they throw their support behind the bill. "This is too important to give up," said Sen. John Cornyn of Texas. "Certainly there will be trade-offs, but right now we're not there."
April 20, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Senate Judiciary Committee Chairman Arlen Specter said Tuesday he plans to move ahead with his legislation aimed at ending asbestos liability lawsuits in exchange for a $140 billion victims trust fund, despite concerns from fellow Republicans.
After a closed-door meeting with Judiciary Committee Republicans and Senate Majority Leader Bill Frist, R-Tenn., Specter, R-Pa., said his committee would take up and possibly vote on the asbestos bill in the next two weeks.
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