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Fairness In Asbestos Injury Resolution Act Of 2005
An overview of H.R. 1360, the Fairness in Asbestos Injury Resolution (FAIR) Act of 2005, as introduced by Representative Kirk on March 17, 2005. H.R. 1360 would create the Office of Asbestos Disease Compensation, within the Department of Labor, to award damages to asbestos claimants on a no-fault basis. Damages would be paid by the Asbestos Injury Claims Resolution Fund, which would be funded by companies that have previously been sued for asbestos-related injuries, and by insurers of such companies. Asbestos claims could no longer be filed or pursued under state law, except for the enforcement of judgments no longer subject to any appeal or judicial review before the date of enactment of the bill.
Claims of asbestos-related injury have flooded the courts since the 1970s, but litigation has proven to be an inadequate means to resolving all such claims. The Supreme Court has twice struck down attempted global asbestos settlements,1 in both instances inviting Congress to craft a legislative solution.2 In response, various bills have been introduced in past Congresses,3 although none has passed.
On March 17, 2005, Representative Kirk introduced H.R. 1360, the Fairness In Asbestos Injury Resolution (FAIR) Act of 2005. The bill would "create a privately funded, publicly administered fund that will provide compensation for legitimate present and future claimants of asbestos exposure."
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to you and the legal profession. Hire a personal injury lawyer that
has experience in your claim area.
Did You Know?
The term "bodily injury claim" usually refers to a "personal injury claim".
Economic damages" would include, but aren't limited to: Lost wages, Medical bills, Rental car expenses, etc.
General damages include: Pain, Suffering, Humiliation, Distress. If you settle your bodily injury claim, it must include all the types of damages available to you, or you'll likely lose your right to recover for those losses.
Newsroom
Latest news about injury cases in Iowa and nationwide:
The Future of Spinal Cord Research
Fueled by significant federal and private funding, the past decade of spinal cord injury research has produced a wealth of discoveries that are mak... Read more >
Penalty for Personal Injury
House Judiciary Committee Chairman F. James Sensenbrenner, Jr. (R-Wis.), stated, “Every year jobs are lost, prices are raised, and small businesses... Read more >
Definition:
Negligence for the safety or lives of others which is so great it appears to be intentional.
Cerebral edema
Definition:
Accumulation of excessive fluid in the substance of the brain. The brain is especially susceptible to injury from edema, because it is located within a confined space and cannot expand.
Ambulatory Surgery
Definition:
Ambulatory surgery refers to previously scheduled surgical and nonsurgical procedures performed on an outpatient basis in a hospital or freestanding ambulatory surgery center's general or main operating rooms
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