3rd Circ. Upholds Shipbuilder's Ch. 11 Reopening

By Jeff Montgomery ( August 22, 2025, 8:39 PM EDT) -- A split Third Circuit panel on Friday upheld, 2-1, a New Jersey bankruptcy judge's discretion in reopening Congoleum Corp.'s 2003 Chapter 11 case and barring Occidental Chemical from pursuing Congoleum affiliate Bath Iron Works to recover pollution liability expenses....

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