Sheet Metal Co. Hits Ch. 11 In Wake Of Asbestos Suits

Law360 (September 10, 2018, 6:48 PM EDT) -- Duro Dyne Corp., a manufacturer of sheet metal equipment and accessories, filed for bankruptcy in New Jersey on Friday with lingering liabilities from asbestos exposure litigation dating back 30 years, saying it has exhausted various insurance policies.

The primary driver behind the Chapter 11 filing is the need to tackle the company’s asbestos liability, which stems from products it sold that allegedly contained asbestos from the early 1950s to about 1978. As of Friday, Duro Dyne said that it has settled more than 650 asbestos claims and won dismissals of more than 8,100 others. It also faces nearly a thousand pending...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS