PPG Can't Pursue $110M Claim Against Midland, Court Affirms

By Jeff Sistrunk (December 22, 2016, 11:17 PM EST) -- A New York appeals court on Thursday affirmed a lower court's decision that PPG Industries cannot pursue a $110 million claim against insolvent insurer Midland Insurance Co. to help cover a sweeping settlement of asbestos litigation, finding that the value of the claim was not fixed by the cutoff date for filing proofs of claim against Midland's estate....

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