Source: https://www.nysenate.gov/legislation/bills/2017/s2511/amendment/a
Timestamp: 2019-04-23 00:53:29+00:00

Document:
Relates to truth and fairness in asbestos litigation; provides for requirements in trust claims.
judicial system and improve the transparency of asbestos trust claims.
§9901: Defines the terms used in Article 99.
would exceed the expected recovery from the asbestos trust.
failure to comply with the requirements of § 9903.
reasonable basis to believe that the claimant can make a trust claim.
stay filed pursuant to § 9905.
be authentic, relevant and discoverable in the civil action.
are also entitled to compensation from asbestos bankruptcy trusts.
trusts have paid over $17 billion to asbestos claimants.
allocation of liability to defendants in the civil justice system.
the claimants to support their trust claims.
procedures to efficiently and equitably adjudicate civil litigation.
to all civil actions filed thereafter.
9902. REQUIREMENT TO MAKE TRUST CLAIMS.
9903. NOTICE OF TRUST CLAIM; PRODUCTION OF TRUST CLAIM MATERIAL.
9906. RESPONSE TO MOTION TO STAY.
9908. EVIDENCE OF TRUST CLAIMS.
RELATED TO THE HEALTH EFFECTS OF EXPOSURE TO ASBESTOS.
FOR OR ARISING FROM THE HEALTH EFFECTS OF EXPOSURE TO ASBESTOS.
ORDER TO SUPPORT A TRUST CLAIM.
FORTY-FIVE DAYS AFTER THE CLAIMANT'S COMMENCEMENT OF THE ACTION.
THE CLAIMANT'S REASONABLY ANTICIPATED RECOVERY FROM THE ASBESTOS TRUST.
THE  CLAIMANT'S REASONABLY ANTICIPATED RECOVERY FROM THE ASBESTOS TRUST.
COVERED BY EACH ASBESTOS TRUST AGAINST WHICH A CLAIM IS NOT REQUIRED.
§ 9903. NOTICE OF TRUST CLAIM; PRODUCTION  OF  TRUST  CLAIM  MATERIAL.
DAYS AFTER THE COMMENCEMENT OF DISCOVERY.
UNDER ANY OTHER LAW, RULE, ORDER, OR APPLICABLE AGREEMENT.
CLAIMANT DISCOVERS THE NECESSITY FOR THE SUPPLEMENTATION.
CLAIMANT AS OF THE DATE OF THE SETTLED PARTY'S REQUEST.
MENT AND ORDERING A NEW TRIAL.
MENT IS RENDERED IN THE ACTION.
RECEIVE  COMPENSATION  FROM  AN ASBESTOS TRUST IDENTIFIED BY THE MOTION.
NINE HUNDRED THREE OF THIS ARTICLE.
NINE HUNDRED SIX OF THIS ARTICLE.
AN ACTION TO WHICH THIS ARTICLE APPLIES.
MENTS OF SECTION NINETY-NINE HUNDRED THREE OF THIS ARTICLE.
THE PARTIES THAT THE COURT DEEMS JUST AND PROPER.
JUDGMENT WAS ENTERED IN THE ACTION.
transparency of asbestos trust claims.
§ 9901: Defines the terms used in Article 99.
the expected recovery from the asbestos trust.
relating to each of the asbestos trust claims filed by the claimant.
in an asbestos related civil action.
§ 9906: Provides rules for considering trust claim material evidence.
ant in connections with a trust claim filed after the judgement.
Section two sets the effective date.
injury from asbestos civil claims and in asbestos lawsuits.
fault exceeds 50% in which case the defendant is liable for the loss.
materials available to state court defendants.
marginal as compared to the former, now bankrupt, target defendants.
the timely production of this evidence.
being litigated in New York courts.
York courts and courts across the nation.
bankruptcy trust transparency laws in reaction to this growing problem.
This act shall take effect 30 days after it becomes law.
9906. EVIDENCE OF TRUST CLAIMS.
§  9901.  DEFINITIONS.  AS  USED IN THIS ARTICLE: (1) "ASBESTOS TRUST"
HEALTH EFFECTS OF EXPOSURE TO ASBESTOS.
THE CLAIMANT'S REASONABLY ANTICIPATED RECOVERY FROM THE ASBESTOS  TRUST.
WHICH A CLAIM IS NOT REQUIRED.
RECOVERY FROM THE ASBESTOS TRUST.
ASBESTOS TRUST CLAIM AND PRODUCES ALL RELATED TRUST CLAIM MATERIALS.
OTHER CONNECTION TO ASBESTOS COVERED BY THAT ASBESTOS TRUST.
NINETY-NINE HUNDRED THREE OF THIS ARTICLE.
RELIEF TO THE PARTIES THAT THE COURT DEEMS JUST AND PROPER.
JUDGEMENT WAS ENTERED IN THE ACTION.

References: §9901
 § 9903
 § 9905

§ 9903

§ 9901

§ 9906

§  9901