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Trump Admin Makes Use Of Medicare Law In Blunt Warning To Asbestos Lawyers

In the Trump administration, at least, the government will no longer look the other way as asbestos lawyers negotiate lenient terms that make it easy for their current clients to get money at the expense of future claimants and federal entitlement programs.

The Justice Department last week used a law guaranteeing repayment of Medicare and Medicaid expenses to lay down a far more expansive marker in front of the lawyers who negotiate asbestos bankruptcy trusts, which are created for companies that would not be able to survive asbestos liability in civil courts.

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As Asbestos Claims Rise, So Do Worries about Fraud

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Q&A: What’s the Asbestos Risk Today?

Three decades after Manville Corp. collapsed under an avalanche of asbestos litigation, personal-injury claims continue to pile up at a rate of 85 per day.

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