Mesothelioma Lump Sum Payments (Conditions and Amounts) (Amendment) Regulations 2021

Lord Desai Excerpts

Wednesday 10th February 2021 Grand Committee

[Lord Desai (Non-Afl)]

My Lords, I declare an interest as the chairman of a company set up by a private company to pay compensation for asbestos-related problems. This is all very familiar territory. I will make only a small point because everybody else has said some good stuff.

I wonder how this compensation compares to legal decisions against private companies sued for asbestosis. I have been doing this compensation thing for about 15 years. It was on my suggestion that the company was set up by a big construction company that made asbestos. I have been following the numbers. At some stage, it might be useful to look at the legal decisions made by the courts—noble Lords will know that there have been changes to Scottish decisions and so on—which would enlighten us in revising our regulations. I just want to put that suggestion forward. If the Minister wants, I can get the data from our company, which was set up under Law Debenture. That is my suggestion.