Specialty Products Estimation Appeals Not Suitable For Mediation, Judge Rules

Specialty Products Estimation Appeals Not Suitable For Mediation, Judge Rules

WILMINGTON, Del. - Appeals by Chapter 11 debtor Specialty Products Holding Corp. and its corporate parent of a bankruptcy court ruling estimating the debtor's asbestos liabilities at more than $1 billion will not be resolved through mediation, a Delaware federal judge ruled Aug. 29 (In re: Specialty Products Holding Corp., et al. $(Specialty Products Holding Corp. and Bondex International Inc. v. Official Committee of Asbestos Personal Injury Claimants, et al., Nos. 13-1244, 13-1245, 13-194, D. Del.$)).

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