Pfizer Tells High Court Bankruptcy Law Protects Parent Cos.
The subsidiary, Quigley Co. Inc., filed for Chapter 11 bankruptcy in 2004 while facing an estimated 160,000 asbestos suits. Plaintiffs then went after Pfizer directly, but the bankruptcy court entered an injunction enjoining asbestos claims against Pfizer during Quigley’s bankruptcy.
Peter G. Angelos, one of the nation's leading...
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