Panel Affirms Disallowing $35M In Asbestos-Related Contingent Claims

TRENTON, N.J. - Finding in an unpublished opinion that a liquidator's disallowing of $35 million of asbestos-related contingent claims was not arbitrary or capricious, a New Jersey appellate panel on April 18 affirmed a lower court decision upholding the liquidator's ruling (In The Matter Of The Liquidation Of Integrity Insurance Company / The Defendant Class / Robert A. Keasbey Company,  No. A-4769-10T1, N.J. Super., App. Div.; 2012 N.J. Super. Unpub. LEXIS 863).

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