Biden Killed Asbestos Bill For Top Donors

Biden Killed Asbestos Bill For Top Donors Sweetness & Light

What a shock.

Mr. Biden killed legislation that would have hurt his top donors, relatives and friends — who all just happen to be involved in highly lucrative asbestos class action lawsuits...

...The senator has longstanding relationships with law firms that donated to his congressional races and his two bids for the White House. Top contributors for his recent run were the Law Office of Peter Angelos in Baltimore, Maryland, which donated $156,250; SimmonsCooper in East Alton, Illinois contributed $146,600; Pachulski Stang Ziehl & Jones in Wilmington gave $145,625; and Young Conaway Stargatt & Taylor in Wilmington gave $127,979.

Many of those firms have handled asbestos and bankruptcy cases, issues Biden has weighed in on from his seat on the judicial committee. Biden was a critic of the failed Fairness in Asbestos Injury Resolution (FAIR) Act of 2005, which would have trimmed returns on future litigation and hurt firms like SimmonsCooper, a billion dollar asbestos practice which used son Beau’s former law firm, Bifferato, Gentilotti, Biden & Balick (now Bifferato Gentilotti), as local counsel to file asbestos suits in Delaware. Angelos’ firm also represents asbestos clients, and Stargatt & Taylor has handled mass tort asbestos cases, representing court-appointed advocates for unknown future claimants–individuals representing people who have been exposed to asbestos but have not yet become sick.