Mealeys

Recent Posts

Mealey's Bankruptcy - Imerys' Insurers Denied Relief From Stay To Continue California Coverage Suit
Posted on 2 Jul 2019 by Mealeys

WILMINGTON, Del. - Excess insurers of Chapter 11 debtor Imerys Talc America Inc. will have to wait for the outcome of an adversary proceeding in Delaware federal bankruptcy court to find out what coverage is available for asbestos claims under policies... Read More

Mealey's Bankruptcy - Fraser's Insurers Battle Over Reopening State Court Contribution Action
Posted on 24 Jun 2019 by Mealeys

TACOMA, Wash. - A group of insurers of Chapter 11 asbestos debtor Fraser's Boiler Service Inc. who are awaiting a decision from the Ninth Circuit U.S. Court of Appeals on whether their settlement with the debtor is valid on June 19 objected to a bid... Read More

Tags: Bankruptcy

Mealey's Bankruptcy - U.S. Trustee Objects To Latest Version Of Duro Dyne's Plan
Posted on 17 Jun 2019 by Mealeys

TRENTON, N.J. - The newly revised plan of reorganization for Chapter 11 asbestos debtor Duro Dyne National Corp. still cannot be confirmed because the company failed to modify the plan as a New Jersey federal bankruptcy judge directed, the U.S. trustee... Read More

Mealey's Bankruptcy - Judge Rejects J&J's Bankruptcy Logic, Remands 2-Year-Old Asbestos-Talc Case
Posted on 11 Jun 2019 by Mealeys

BOSTON - A federal judge in Massachusetts on June 5 said she "strongly questions" whether an asbestos-talc case against Johnson & Johnson more than remotely relates to its talc-supplier's bankruptcy and concluded that equity issues,... Read More

Tags: Bankruptcy

Mealey's Bankruptcy - Federal Judge In New York Remands J&J Asbestos-Talc Cases
Posted on 7 Jun 2019 by Mealeys

NEW YORK - Nothing in a talc supplier's bankruptcy warrants keeping 27 asbestos-talc cases against Johnson & Johnson in federal court, a judge in New York said in remanding the actions June 4 (In re: Various removed state court actions against... Read More

Tags: Bankruptcy

Mealey's Bankruptcy - Bankruptcy Judge Approves Talc Company's Choice For Future Claimants' Rep
Posted on 5 Jun 2019 by Mealeys

WILMINGTON, Del. - A Delaware federal bankruptcy judge on June 3 appointed Chapter 11 asbestos debtor Imerys Talc America Inc.'s proposed candidate for future claimants' representative (FCR) over the objections of insurers and the U.S. trustee... Read More

Mealey's Bankruptcy - W.R. Grace Insurers Dispute Liability For Montana Plaintiffs' Claims
Posted on 23 May 2019 by Mealeys

WILMINGTON, Del. - Negligence claims leveled by asbestos plaintiffs in Montana against insurers of former Chapter 11 debtor W.R. Grace & Co. are barred by W.R. Grace's bankruptcy injunction because they meet the derivative liability requirements... Read More

Mealey's Bankruptcy - J&J Fails To Secure Federal Jurisdiction Over California Asbestos-Talc Cases
Posted on 22 May 2019 by Mealeys

LOS ANGELES - Equitable factors weigh heavily in favor of litigating asbestos-talc cases in state court, a federal judge in California held May 21 in remanding 42 actions against Johnson & Johnson (In re: Removed state court talc actions against Johnson... Read More

Tags: Bankruptcy

Mealey's Bankruptcy - Fraser's Asbestos Claimants Seek To Pursue Recovery Against Insurance Carriers
Posted on 17 May 2019 by Mealeys

TACOMA, Wash. - Asbestos claimants of Chapter 11 debtor Fraser's Boiler Service Inc. on May 14 sought relief from the automatic stay in Washington federal bankruptcy court so they can continue their lawsuits seeking damages only from the company's... Read More

Mealey's Bankruptcy - Maremont Adds Fraud Protections To Plan, Says Confirmation Is Expected
Posted on 16 May 2019 by Mealeys

WILMINGTON, Del. - With changes made to asbestos trust procedures to guard against fraud, the plan of reorganization for Chapter 11 debtor Maremont Corp. can now be approved by a Delaware federal bankruptcy court, the debtor says in the May 14 revised... Read More

Mealey's Bankruptcy - Johnson & Johnson's Bid For Speedy Transfer Of State Cases Rejected
Posted on 13 May 2019 by Mealeys

WILMINGTON, Del. - A Delaware federal judge on May 9 denied Johnson & Johnson's "emergency" request to transfer 2,400 state court talc and asbestos actions to his court due to the bankruptcy filing of talc supplier Imerys Talc America... Read More

Mealey's Bankruptcy - Bankruptcy Judge In Talc Case Sets 'Undivided Loyalty' As New Standard For FCR
Posted on 10 May 2019 by Mealeys

WILMINGTON, Del. - A Delaware federal bankruptcy judge on May 8 eschewed the long-used "disinterestedness" standard for naming a legal representative for future claimants in asbestos Chapter 11 cases before ruling that the candidate for future... Read More

Mealey's Bankruptcy - Trust Seeks To Appeal Denial Of Summary Judgment In Indemnification Dispute
Posted on 9 May 2019 by Mealeys

NEW YORK - The asbestos personal injury trust established in the Thorpe Insulation Co. Chapter 11 case on May 6 sought interlocutory review in New York federal court of a federal bankruptcy court's denial of its bid for summary judgment on the question... Read More

Mealey's Bankruptcy - Johnson & Johnson Loses Attempt To Corral Meso Case Into Imerys' Bankruptcy
Posted on 6 May 2019 by Mealeys

LOS ANGELES - It is more equitable to allow a woman dying of mesothelioma to have her day in court than to permit defendant Johnson & Johnson to transfer the case to the home court of a bankrupt talc supplier with thousands of other cases "for... Read More

Mealey's Bankruptcy - Johnson & Johnson's Bid For Speedy Relief Should Be Denied, Plaintiff Lawyers Say
Posted on 3 May 2019 by Mealeys

WILMINGTON, Del. - Johnson & Johnson's "emergency" request to transfer 2,400 state court talc and asbestos actions to federal court in Delaware due to the bankruptcy filing of talc supplier Imerys Talc America Inc. should be rebuffed... Read More