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Mealeys

Mealey's Bankruptcy - Debtor's Insurer Looks To Sidestep Stay To Litigate Coverage Action

ROME, Ga. - An insurer of Chapter 11 debtor The Fairbanks Co. asked a Georgia federal bankruptcy court on Sept. 25 for relief from the automatic bankruptcy stay so an action in New York federal court to resolve coverage disputes for asbestos claims can proceed (In re The Fairbanks Company, No. 18-41768, N.D. Ga. Bkcy.).
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