Hardie briefed on what to say if asbestos money ran out

It recommends that they answer that prickly question by discussing the amount of asbestos compensation that ends up with lawyers, not victims. Directors, the paper suggests, could say, "If the vast majority of funds in the trust are used to pay compensation and not wasted on legal fees, there is actually no reason why there wouldn't be sufficient funds available and a sizeable surplus left over."

News Source: Sydney Morning Herald | Published: March 24, 2004 | Read Full Story

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