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Asbestos trusts and tax law



Some litigation-created asbestos trusts "engage in transactions of a type the IRS deems dubious," according to Kirk Hartley. He also has been posting on the W.R. Grace bankruptcy: "Asbestos Plaintiff's Lawyers Ask W.R. Grace Bankruptcy Court to Order that Its Findings - on Solvency - Do Not Matter In any Other Forum", along with a followup.

 

 


Rafael Mangual
Project Manager,
Legal Policy
rmangual@manhattan-institute.org

Katherine Lazarski
Manhattan Institute
klazarski@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.