Judge Won't Review Specialty Products Discovery Denial

Law360, New York (October 5, 2011, 10:21 PM EDT) -- A Delaware bankruptcy judge on Tuesday refused to reconsider her decision preventing Specialty Products Holding Corp. from obtaining discovery from asbestos claims trusts, saying the data the bankrupt chemical products company was seeking was irrelevant to its liability calculations.

Specialty Products had argued that information about how much the asbestos trusts had given their claimants was a vital gauge in its expert’s methodology in calculating the debtor's own liability. The company filed for bankruptcy in May 2010 to handle its asbestos liabilities, listing assets and liabilities...
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