Claims Center Strikes Deal With Pfizer, Others Over Contract Claims
(October 21, 2015, 3:20 PM EDT) -- NEWARK, N.J. — An asbestos claims resolution center will pay $1.42 million to settle a longstanding breach of contract dispute among two reorganized companies that are former members of the center and Pfizer Inc., the parent of one of the companies, according to a stipulation and order filed Oct. 15 in New Jersey federal bankruptcy court (In re: G-I Holdings, Inc., et al., Nos. 01-30135 and 01-38790, D. N.J. Bkcy.).
(Stipulation and order available. Document #48-151023-020R.)
G-I Holdings Inc. and affiliate ACI Inc. (collectively,...