Asbestos Companies Eye Chapter 11 Emergence
The companies include fiberglass manufacturer Owens Corning Corp., construction material maker USG Corp. and Pfizer Inc. subsidiary Quigley Corp.
The asbestos-related bankruptcies of this embattled group—part of a small army of companies besieged by tens of billions of dollars worth of claims—may be nearing turnaround stage.
The recent developments in U.S. bankruptcy courts were...
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