Specialty Products Won't Give Up Asbestos Discovery Bid

Law360, New York (August 18, 2011, 4:59 PM EDT) -- Specialty Products Holding Corp. on Wednesday urged a Delaware bankruptcy judge to reconsider her rejection of its bid for discovery from trusts set up to handle asbestos claims in bankruptcies, threatening to file an interlocutory appeal if she refused.

Specialty Products contends that a wave of asbestos-related bankruptcies beginning in 2001 — including Owens Corning and WR Grace & Co. — led to a spike in lawsuits against the company and its affiliate, Bondex International Inc. The asbestos trusts spawned from that wave of bankruptcies are...
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