Pfizer Still Safe From Quigley Suit, Judge Rules

Law360, New York (May 20, 2008, 12:00 AM EDT) -- A federal bankruptcy judge has cut Pfizer Inc. a break in its subsidiary Quigley Co. Inc.'s bankruptcy case, ruling that an injunction against asbestos-related litigation still stands even though it was amended in December 2007.

The preliminary injunction against asbestos litigation was put into place in December 2004, after Quigley, a manufacturer of products containing asbestos, entered into bankruptcy. In December 2007, the the U.S. Bankruptcy Court for the Southern District of New York narrowed the relief granted to Pfizer, giving it the same protection if...
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