9th Circ. Says Asbestos Law Bars Insulation Co.'s Ch. 11 Plan

9th Circ. Says Asbestos Law Bars Insulation Co.'s Ch. 11 Plan

The Ninth Circuit on Monday reversed an order confirming the reorganization plan of Chapter 11 debtor Plant Insulation Co., holding that the plan failed to include proper protection for asbestos claimants, although the panel OK'd the plan's "settling ...read more

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