Congoleum Insurers' Examiner Request Denied

Law360, New York (April 12, 2006, 12:00 AM EDT) -- Gilbert Heintz & Randolph LLP doesn’t deserve to be paid for its work in Congoleum Corp.'s asbestos-related bankruptcy case, but it won’t be put under a microscope either, a federal judge ruled on Wednesday.

U.S. Bankruptcy Judge Kathryn Ferguson, currently overseeing the bankruptcy proceedings of the flooring materials manufacturer, brushed aside insurance carriers' request to appoint a special investigator to examine Gilbert Heintz.

Gilbert Heintz was originally hired as special insurance counsel by Congoleum in January 2004, a month after the New Jersey-based flooring materials business...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.