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Mealeys

Mealey's Bankruptcy - Imerys' Settlement With Prepetition Law Firm OK'd Without Escrow Fund

WILMINGTON, Del. - A Delaware federal bankruptcy judge on Dec. 17 approved a settlement allowing Chapter 11 debtor Imerys Talc America Inc. to pay a law firm more than $500,000 for work done preparing the talc supplier to file for bankruptcy, after altering the deal at the urging of the U.S. Trustee's Office (In re: Imerys Talc America, Inc., et al., No. 19-10289, D. Del. Bkcy.).
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