Law360: Asbestos Corp. Gets Ch. 15 Nod Over Claimants’ Concerns
Originally posted on Law360 on October 30, 2025 By Ben Zigterman Law360 (October 30, 2025, 2:11 PM EDT) — A New York bankruptcy judge granted Chapter 15 recognition for Asbestos Corp. Ltd.’s Canadian restructuring over the objection of personal injury claimants and a Chapter 7 trustee, finding that the corporation’s business activity in Canada outweighs its…
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Mealey’s: Bankrupt Company Says Asbestos Suit Against Receiver Belongs In State Court
Originally published on Mealeys.com on March 18, 2025 (March 18, 2025, 1:57 PM EDT) — COLUMBIA, S.C. — A bankrupt company tells a federal judge in South Carolina that a February ruling supports limiting precedent on federal jurisdiction to bankruptcy cases and instances where a removing entity was an actual party to the case, while…
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GRR: US asbestos victims object to Canadian miner’s Ch15 request in COMI dispute
Originally posted on Global Restructuring Review on September 8, 2025 By Marco Schaden A Québec-based asbestos mining company is facing opposition to its request for Chapter 15 recognition of its Canadian insolvency from a group of asbestos claimants and a Chapter 7 trustee who claim the company’s centre of main interest (COMI) is in the…
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