WASHINGTON (Legal Newsline) – On Monday, U.S. Rep. Blake Farenthold, R-Texas, introduced the Furthering Asbestos Claim Transparency (FACT) Act of 2015 in the U.S. House of Representatives, where it was then sent to the House Judiciary Committee for consideration.

The bill seeks to amend title 11 of the United States Bankruptcy Code, requiring public disclosure by asbestos bankruptcy settlement trusts according to section 524(g) of the title.