Specialty Products Ch. 11 Must Have Asbestos Claims Deadline

Law360, Wilmington (November 05, 2013, 8:13 PM ET) -- A Delaware bankruptcy judge said Tuesday there must be a deadline set for asbestos-related personal injury claimants to file proofs of claim in the Specialty Products Holding Corp. case, despite strenuous objections from representatives of those claimants who argued it could shut out thousands of potential claims.

An attorney for Eric D. Green, the representative for future asbestos claimants, argued at a hearing in Wilmington that a claims bar date would serve no purpose, since the vast majority of claims that emerge in asbestos-related cases wind...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required