Bankruptcy Judge Puts Brakes on Asbestos Claims

A Southern District of New York bankruptcy judge Tuesday issued orders that effectively bar tens of thousands of asbestos claims nationwide and provide a fund of about $500 million to pay claims against Travelers Indemnity Co. that relate to the bankruptcy of the Johns-Manville Corp.

News Source: New York Law Journal | Published: August 18, 2004 | Read Full Story

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