HONX, Inc.
Case Number:
4:22-bk-90035
Court:
Nature of Suit:
Firms
- Akin Gump
- Crowell & Moring
- Gutnicki LLP
- Hall Maines
- Haynes & Boone
- Jackson Walker LLP
- Linebarger Goggan
- Porter Hedges
- Reed Smith
- Walker Wilcox
Companies
- Alcoa Corp.
- FTI Consulting Inc.
- Hess Corp.
- Lanxess AG
- Lockheed Martin Corp.
- NERA Economic Consulting
- Province LLC
- Stretto Inc.
Sectors & Industries:
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February 20, 2024
Hess Corp. Oil Refinery Unit Gets OK For Ch. 11 Plan
Oil and gas company Hess Corp.'s bankrupt oil refinery unit HONX Inc. received confirmation of its Chapter 11 reorganization plan that would allow it to pay $105 million to injury claimants who they say were affected by the company's asbestos exposure.
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December 21, 2023
Hess To Pay Up To $187M Over Subsidiary's Asbestos Claims
Oil and gas company Hess has agreed to pay up to $187 million to resolve asbestos injury claims tied to the oil refinery operated by its bankrupt unit HONX, according to a notice of settlement filed Thursday in Texas bankruptcy court.
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July 10, 2023
Future Claims Sticking Point In HONX Ch. 11 Plan Proposal
The Chapter 11 plan disclosure statement for debtor HONX Inc. received court approval Monday in Texas bankruptcy court, but disagreement on the treatment of future asbestos claims under the plan has set up a potential contested confirmation hearing in October.
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May 25, 2023
Hess Corp. To Pay $106M In Ch. 11 To Cure Asbestos Claims
Oil and gas company Hess Corp. has agreed to pay $106 million to resolve asbestos injury claims tied to the oil refinery operated by its bankrupt unit HONX Inc., according to a newly filed Chapter 11 plan of reorganization.
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November 02, 2022
HONX Creditors Want Bellwethers For Asbestos Ch. 11 Claims
Unsecured creditors of a bankrupt Hess Corp. unit told a Texas federal bankruptcy judge Wednesday that they will be seeking a series of bellwether trials in the Virgin Islands to establish the value of the asbestos injury claims tied to the oil refinery the company had operated.
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September 23, 2022
HONX Creditors Accuse Debtor Of Filing Ch. 11 In Bad Faith
The official committee of unsecured creditors of a bankrupt Hess Corp. unit told a Texas judge the company's Chapter 11 should be dismissed because it was filed in bad faith with no operations or hope of reorganizing the business.
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September 23, 2022
Boy Scouts Appeals Roll In, Alex Jones Ch. 11 Attys Nixed
More than a dozen insurers commenced appeals of the Boy Scouts of America's confirmed Chapter 11 plan, proposed attorneys and advisers in an Alex Jones-linked bankruptcy were disqualified, and talc injury claimants questioned the good faith of Johnson & Johnson's talc unit in filing for bankruptcy. This is the week in bankruptcy.
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September 19, 2022
Mediation Fails In Hess Corp.'s Asbestos Unit Ch. 11 Case
Hess Corp. unit HONX Inc. told a Texas bankruptcy judge Monday that its efforts to mediate asbestos injury claims failed and that the debtor wants to move forward with a Chapter 11 plan process that includes a claims estimation process.
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May 02, 2022
Hess Unit Says It Wants Quick Resolution To Asbestos Claims
The bankrupt subsidiary of oil giant Hess Corp. told a Texas judge on Monday that it wants to move as quickly as possible toward a resolution of the 580 pending asbestos injury claims it is facing, saying it has the support of its parent company for an expedited trip through Chapter 11.
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April 29, 2022
Bankrupt Hess Unit Gets Ch. 11 Stay Of USVI Asbestos Trial
A bankrupt subsidiary of oil giant Hess Corp. successfully sought a stay of an asbestos injury trial slated to start Monday in the U.S. Virgin Islands, with a Texas judge ruling Friday that attempts by the plaintiffs to continue the trial against the debtor's parent company were not appropriate.