Specialty Products Wants $1B Asbestos Appeal In 3rd Circ.

Law360, Wilmington (June 18, 2013, 10:47 PM EDT) -- Specialty Products Holding Corp. sought permission Tuesday to go directly to the Third Circuit with its appeal of a Delaware bankruptcy court's decision pegging its asbestos-related liability at $1.1 billion, saying a quick resolution of the issue has implications for its case and others.

U.S. Bankruptcy Judge Judith K. Fitzgerald issued an opinion May 20 estimating Specialty Products' current and future liability for asbestos-related mesothelioma claims at $1.1 billion, a figure that eclipsed its various projections by hundreds of millions of dollars.

Specialty Products asserted that...
To view the full article, register now.




Case Information

Case Title

Specialty Products Holding Corp.

Case Number




Nature of Suit

Date Filed

May 31, 2010

Law Firms


Government Agencies

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.