3rd Circ. Asked To Nix $1B Specialty Products Asbestos Appeal

Law360, Wilmington (July 02, 2013, 11:05 PM ET) -- Asbestos claimants on Tuesday blasted Specialty Products Holding Corp.'s bid to head straight to the Third Circuit with an appeal of a Delaware bankruptcy court decision pinning its asbestos-related liability at $1.1 billion, calling the move a delaying tactic with no legal foundation.

Both the official committee of asbestos personal injury claimants and the representative for future claimants are fighting Specialty Products' bid to take its challenge of the liability ruling directly to the appeals court. In a May opinion, U.S. Bankruptcy Judge Judith K. Fitzgerald had...
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