Asbestos Trust Fight Delays Maremont's Ch. 11 Approval

By Rose Krebs (March 18, 2019, 10:37 PM EDT) -- A Delaware bankruptcy judge said Monday he would not approve former auto parts maker Maremont Corp.'s Ch. 11 plan in its current form due to concerns whether an asbestos claims trust set up as part of the bankruptcy has enough procedural safeguards in place to protect it from fraudulent claims....

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