DB4AFE18D02841C18725827900773F12 Hearing Summary

Rep Liston, prime sponsor, presented Senate Bill 18-123, concerning asbestos trust claim transparency.  Representative Liston explained the effect of the bill and discussed its need.

Mr. Phil Goldberg, representing the U.S. Chamber's Institute for Legal Reform, testified in support of the bill. Mr. Goldberg discussed the lack of transparency in asbestos litigation, and certain tactics used in this litigation. Committee members received a form used for proof of claim in an asbestos suit (Attachment D). Mr. Goldberg responded to questions regarding why certain disclosures cannot be made under the current judicial process.

Senator Sonny Borrelli, Arizona State Senator representing himself, testified in support of SB 18-123. Senator Borrelli discussed his reasons for sponsoring legislation similar to the bill in Arizona. Senator Borrelli responded to questions regarding the opinion of the military community on asbestos litigation and legislation similar to SB 18-123.

Mr. Mark Hillman, representing the Colorado Civil Justice League, testified in support of the bill. Discussion ensued regarding how losses are determined in asbestos cases.

Mr. Kevin Hannon, representing the Colorado Trial Lawyers Association, testified in opposition to the bill. He rebutted earlier testimony on transparency and certain allegations about asbestos litigation. Mr. Hannon also discussed certain tactics used by the defense in asbestos litigation. Mr. Jason Wardrip, representing the Colorado Building Trades Council, testified in opposition to the bill. Mr. Wardrip discussed his experience with asbestos exposure, and spoke against allegations of "double-dipping." Mr. Hannon responded to questions regarding tactics used to delay court cases, and having all parties present in court.

No amendments were offered to SB 18-123.