We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Asbestos Victims Attack Pfizer Over Bankruptcy Plan

Law360 (July 9, 2007, 12:00 AM EDT) -- A group of asbestos victims has accused drug maker Pfizer Inc. of perverting the bankruptcy process by hiding behind the Chapter 11 protection of former subsidiary Quigley Co. in order to dodge responsibility.

The so-called ad hoc committee of tort victims, which has urged the judge overseeing the case to block Quigley's “fatally flawed” bankruptcy exit plan, claimed the pharmaceutical giant is using the bankruptcy laws “to avoid responding in court to the claims of countless dying cancer victims.”

The group, suffering from asbestos-related diseases after...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.