WILMINGTON, Del. -- (Mealey's) Former joint compound
producer Bondex International Inc. and its related holding company Specialty
Products Holding Corp. face an estimated $1.16 billion in pending and future
asbestos personal injury claims, about double what the companies estimate their
WASHINGTON, D.C. - (Mealey's) The U.S.
Supreme Court on June 24 denied a bid for certiorari by Pfizer Inc. of a
ruling removing the protection for Pfizer of a bankruptcy injunction barring
asbestos personal injury claims entered in the case of a defunct Pfizer
subsidiary ( Pfizer Inc. v. Law...
CHARLOTTE, N.C. — (Mealey’s) Chapter 11 debtor Garlock Sealing Technologies LLC’s total estimated liability for present and future mesothelioma claims is only $125 million, not $1.2 billion as asbestos personal injury claimants argued, because Garlock’s history of settling mesothelioma...