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NC S470

Bill

Status

Passed

6/12/2018

Primary Sponsor

Michael Lee

Click for details

Origin

Senate

2017-2018 Session

AI Summary

  • Requires plaintiffs in asbestos-related personal injury lawsuits to file a sworn statement within 30 days confirming that all possible bankruptcy trust claims have been filed.

  • Mandates plaintiffs disclose the identity of all bankruptcy trust claims made and provide all materials submitted to or received from bankruptcy trusts to all parties.

  • Requires plaintiffs to supplement disclosure within 30 days after filing additional bankruptcy trust claims or receiving new related information.

  • Allows defendants to request discovery from bankruptcy trusts and permits courts to stay civil actions if defendants reasonably believe plaintiffs can file additional bankruptcy trust claims.

  • Establishes a rebuttable presumption that bankruptcy trust claim materials are relevant, authentic, and admissible as evidence in asbestos-related civil actions.

Legislative Description

Personal Injury Bankruptcy Trust Claims

Last Action

Ch. SL 2018-4

6/12/2018

Committee Referrals

Rules, Calendar, and Operations of the House5/26/2017
Judiciary II5/8/2017
Rules, Calendar, and Operations of the House4/27/2017
Rules and Operations of the Senate4/25/2017
Judiciary4/4/2017
Rules and Operations of the Senate3/30/2017

Full Bill Text

No bill text available