Browse By Tags

WILMINGTON, Del. - Chapter 11 debtor Imerys Talc America Inc. on Dec. 6 asked a Delaware federal bankruptcy court to give it three more months to propose a plan of reorganization, saying the extension is "both appropriate and necessary" for...

MINNEAPOLIS - A trial court properly analyzed all eight factors in awarding a terminated law firm a portion of a $21.5 million settlement an asbestos trust received in an insurance dispute, a Minnesota appeals court held Dec. 2 (Faricy Law Firm PA v....

WILMINGTON, Del. - A request by Chapter 11 debtor Imerys Talc America Inc. to set a bar date for filing indirect talc claims should be denied because the debtor is not allowed to restrict claims by nondebtor parties, especially when the term "indirect"...

WILMINGTON, Del. - Opioid maker Insys Therapeutics Inc. on Nov. 14 filed an amended liquidation plan with a federal bankruptcy court that addresses the company's settlement with the United States and addresses payments for personal injury claimants...

NEW YORK - A New York federal judge on Nov. 13 declined to review a bankruptcy court's ruling in a dispute between two asbestos trusts over indemnification for the payment of claims, saying an interlocutory review would not help resolve the row (Manville...

TRENTON, N.J. - Over the objections of an insurer, a New Jersey federal bankruptcy judge on Nov. 12 allowed seriously ill asbestos disease sufferers to sidestep the automatic stay in the Chapter 11 case of Duro Dyne National Corp. so they can be deposed...

WILMINGTON, Del. - Chapter 11 debtor Imerys Talc America Inc. on Nov. 1 sought permission from Delaware federal bankruptcy court to offer more than $1.4 million in incentive and retention payments to two executives and 16 members of the company's...

WILMINGTON, Del. - A dispute between insurers of former Chapter 11 debtor W.R. Grace & Co. and Montana state court asbestos personal injury claimants will not be settled on appeal to federal district court but instead will be decided by the Third...

CHARLOTTE, N.C. - A North Carolina federal bankruptcy judge on Oct. 23 approved the disclosure statement for the plan of reorganization for Chapter 11 debtors Kaiser Gypsum Co. Inc. and Hanson Permanente Cement Inc. and scheduled the plan confirmation...

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...

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...

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...

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...

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...

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...