US Objects To Duro Dyne's Proposed Rep In Asbestos Trust
Law360 (September 26, 2018, 7:23 PM EDT) -- The U.S. government’s bankruptcy case monitor is challenging the proposed selection of a trustee to represent asbestos exposure victims who may in the future file claims against sheet metal equipment and accessories manufacturer Duro Dyne Corp., saying Wednesday that the candidate has apparent conflicts of interest.
For the first time ever, the office of the U.S. Trustee has filed an objection to a debtor company’s proposed appointee to serve as future claimants’ representative in a case involving an asbestos bankruptcy trust. In a filing announced by the Justice Department on Wednesday, attorneys for acting U.S. Trustee Andrew R. Vara said there...
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