To amend title 11 of the United States Code with respect to the allowance of certain claims or interests.

Summary

Amends Federal bankruptcy law to disallow a claim to which an objection has been raised to the extent that it is a nonmalignant asbestos related claim (including a claim for pleural plaques, asymptomatic pleural thickening, asbestosis, fear of cancer, emotional distress, and medical surveillance). Allows a nonmalignant asbestos related claim, however, for: (1) permanent breathing impairment; or (2) a survivor claim where the decedent's death was caused by exposure to asbestos or asbestos-containing products. States that when and if a person develops a subsequent asbestos related claim that is allowable, then a previously disallowed claim may proceed as an allowable demand against either the reorganized debtor, or against a trust set up as part of a reorganization case for holders of allowable asbestos related claims and asbestos related demands.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 9 May 2002

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• Introduced in House (PDF)

  Introduced in House · EN · 9 May 2002

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• Introduced in House

  summary · EN · 9 May 2002

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