Bottle-cap maker Crown Holdings might want to pop the top off a celebratory bottle, after a bill to limit its asbestos liability in Idaho cleared the Senate and headed to Gov. C.L. “Butch” Otter for signature.
The measure cleared the chamber 19-15 on Tuesday, reflecting a strong minority’s reluctance to help it off the legal hook.
The House had approved the bill 47-22 in February.
For years, the Pennsylvania-based company has sought protection from claims filed by lung-disease patients.
Though it has just a handful of claims from Idaho, it also wants protections here from having to make future payments related to its ill-fated purchase of an asbestos-tainted company in 1963.
That’s resulted in $700 million in payouts, with 50,000 claims still pending.
Crown has won protections in 14 states.
Was this article valuable?
Here are more articles you may enjoy.
Tesla Sued After Woman Killed by Car Crashing into Her House
Carlyle Rethinks Portfolio Risk to Give Weather Insurance a Bigger Role
A Super Yacht Armada Came to Miami, Leaving a Marine Graveyard in Its Wake
10 Jurors Said Palisades Fire Suspect Isn’t Guilty. Now He Faces October Retrial.