Mealeys

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Mealey's Bankruptcy - 3rd Circuit Rebuffs Hospital's Appeal In Row Over W.R. Grace's Asbestos
Posted on 7 Oct 2019 by Mealeys

PHILADELPHIA - The Third Circuit U.S. Court of Appeals on Oct. 3 affirmed dismissal of a hospital's bid to pursue class claims for asbestos property damage against former Chapter 11 debtor W.R. Grace & Co., agreeing that pursuant to the company's... Read More

Mealey's Bankruptcy - Kaiser Gypsum Insurer's Suit Alleging Breaches Of Policies Stayed By Judge
Posted on 4 Oct 2019 by Mealeys

CHARLOTTE, N.C. - An attempt by an insurer of Chapter 11 debtors Kaiser Gypsum Co. Inc. and Hanson Permanente Cement Inc. failed in its attempt to have an adversary case it filed moved from federal bankruptcy court to federal district court when a North... Read More

Mealey's Bankruptcy - Reinsurer Says Insurer Failed To Cooperate On Claim, Seeks Estimation
Posted on 26 Sep 2019 by Mealeys

AUSTIN, Texas - A reinsurer, as a debtor, argues to a Texas federal bankruptcy court in a Sept. 23 reply brief that a medical malpractice insurer has failed to cooperate with resolution of its guaranty claim and, thus, the court should grant the reinsurer's... Read More

Tags: Bankruptcy

Mealey's Bankruptcy - Debtor's Insurer Looks To Sidestep Stay To Litigate Coverage Action
Posted on 26 Sep 2019 by Mealeys

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... Read More

Mealey's Bankruptcy - Bestwall Asbestos Committee Appeals Loss Of Dismissal Bid To 4th Circuit
Posted on 26 Sep 2019 by Mealeys

CHARLOTTE, N.C. - The asbestos claimants' committee in the Chapter 11 case of Bestwall LLC took its fight to have the case thrown out to the Fourth Circuit U.S. Court of Appeals, filing an appeal notice after winning approval to do so from a North... Read More

Mealey's Bankruptcy - Libby, Mont., Plaintiffs' Suits Against W.R. Grace Insurers Allowed To Proceed
Posted on 25 Sep 2019 by Mealeys

WILMINGTON, Del. - Negligence claims leveled by asbestos plaintiffs in Montana against insurers of former Chapter 11 debtor W.R. Grace & Co. can proceed in state court because they do not meet the requirements for injunctive protection in W.R. Grace's... Read More

Mealey's Bankruptcy - Imerys Debtors Get More Time To File Plan Of Reorganization
Posted on 23 Sep 2019 by Mealeys

WILMINGTON, Del. - A Delaware federal bankruptcy judge on Sept. 18 gave Chapter 11 debtor Imerys Talc America Inc. and affiliates more time to propose a plan of reorganization after the debtors had argued that cutting short their exclusive right to file... Read More

Tags: Bankruptcy

Mealey's Bankruptcy - Imerys, Truck Insurance Settle Defense Costs Dispute With $2.4M From Insurer
Posted on 23 Sep 2019 by Mealeys

WILMINGTON, Del. - An insurer of an affiliate of Chapter 11 debtor Imerys Talc America Inc. will pay more than $2.4 million to settle claims by the debtor for a share of the costs to defend against asbestos personal injury suits, with a Delaware federal... Read More

Mealey's Bankruptcy - Kaiser Gypsum Debtors Settle Dispute Over Cleanup Costs At Superfund Site
Posted on 19 Sep 2019 by Mealeys

CHARLOTTE, N.C. - A North Carolina federal bankruptcy judge on Sept. 16 approved a settlement under which the United States will have more than $4 million in allowed claims in the joint Chapter 11 case of Kaiser Gypsum Co. Inc. and Hanson Permanente Cement... Read More

Mealey's Bankruptcy - Imerys Debtors Say More Time Needed To Map Their Reorganization
Posted on 6 Sep 2019 by Mealeys

WILMINGTON, Del. - Chapter 11 debtor Imerys Talc America Inc. and affiliates need more time to propose a plan of reorganization, and cutting short their exclusive right to file a plan would "certainly undermine the Debtors' efforts to successfully... Read More

Tags: Bankruptcy

Mealey's Bankruptcy - Thorpe Trust Says Indemnification Row Meets Interlocutory Appeal Standards
Posted on 23 Aug 2019 by Mealeys

NEW YORK - A dispute between the battling Thorpe Insulation and Johns-Manville asbestos trusts over indemnification for the payment of claims is ripe for interlocutory review because a bankruptcy court's interpretation of trust documents presents... Read More

Tags: Bankruptcy

Mealey's Bankruptcy - 3rd Circuit Upholds Limiting Access To Asbestos Trust Information
Posted on 20 Aug 2019 by Mealeys

PHILADELPHIA - The Third Circuit U.S. Court of Appeals on Aug. 16 affirmed the denial of a request by Ford Motor Co. and Honeywell International Inc. to have "full access" to claimants' information from nine asbestos bankruptcy trusts data... Read More

Mealey's Bankruptcy - Bankruptcy Judge Sets Bar Date For Non-Talc Claims Against Imerys
Posted on 29 Jul 2019 by Mealeys

WILMINGTON, Del. - Those holding claims other than asbestos talc claims against Chapter 11 debtor Imerys Talc America Inc. have until Oct. 15 to file proofs of claim after a Delaware federal bankruptcy judge on July 25 approved a request by the company... Read More

Tags: Bankruptcy

Mealey's Bankruptcy - Insys Bankruptcy Judge Won't Create Public Entity Committee
Posted on 25 Jul 2019 by Mealeys

WILMINGTON, Del. - A Delaware federal bankruptcy court judge on July 24 denied a motion by four cities and counties to create an official committee of public entities in the Insys Therapeutics Inc. Chapter 11 bankruptcy proceeding (In Re: Insys Therapeutics... Read More

Tags: Bankruptcy

Mealey's Bankruptcy - Johnson & Johnson Loses Bid To Transfer State Asbestos Cases To Federal Court
Posted on 22 Jul 2019 by Mealeys

WILMINGTON, Del. - There is no federal jurisdiction to transfer 2,400 state court talc and asbestos actions against Johnson & Johnson to Delaware federal court based on the Chapter 11 filing of its main talc supplier, Imerys Talc America Inc., and... Read More