3rd Circuit Should Affirm Ruling Against Insurers, Pittsburgh Corning Argues

Mealey's (December 16, 2015, 10:44 AM EST) -- PHILADELPHIA — Chapter 11 debtor Pittsburgh Corning Corp. on Dec. 14 urged the Third Circuit U.S. Court of Appeals to reject an appeal of a plan of reorganization ruling filed by two insurance companies, saying asbestos claimants have waited long enough to receive compensation for their injuries from the debtor’s asbestos trust (Mt. McKinley Insurance Company, et al. v. Pittsburgh Corning Corporation, Nos. 15-2954, 14-4329, 3rd Cir.).

(Appellees’ brief available. Document #48-151224-006B.)

$3 Billion Trust

Pittsburgh Corning (PCC) filed a voluntary petition for relief under Chapter...
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