Mealey's Bankruptcy - Bankruptcy Judge Abstains From Hearing Injunction Bid For Environmental Claims

Mealey's Bankruptcy - Bankruptcy Judge Abstains From Hearing Injunction Bid For Environmental Claims

NEWARK, N.J. - A New Jersey federal bankruptcy judge on Jan. 26 abstained from deciding a request by former Chapter 11 debtor G-I Holdings Inc. to enforce its reorganization plan injunction to bar indemnification claims for cleanup of a polluted industrial site, saying a state court is "fully capable of adjudicating" the claims and G-I's injunction bid (In re: G-I Holdings, Inc., et al., Nos. 01-30135 and 01-38790, D. N.J. Bkcy., 2018 Bankr. LEXIS 214).

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