Pacific Chloride Seeks Fire Damages From Exide Insurers

Law360, Wilmington (November 27, 2013, 3:55 PM EST) -- Pacific Chloride Inc. on Tuesday asked a Delaware bankruptcy judge to lift Exide Technologies Inc.'s automatic stay so it can seek reimbursement from insurers for some $7.6 million in fire-related damages at a plant it leased to the now-bankrupt battery maker.

PCI, which leased its Shreveport, La., plant to the battery maker in 2000, contends it has not been repaid for damages resulting from a January 2011 fire at the site and seeks relief from the bankruptcy stay so it can pursue reimbursement directly from Exide's...
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