Bankruptcy Judge Stays State Court Suit Against Johns-Manville Affiliate
(April 21, 2016, 11:46 AM EDT) -- NEW YORK — A New York federal bankruptcy judge on March 14 halted a state court asbestos personal injury lawsuit in Louisiana against a subsidiary of Johns-Manville Corp. until she decides whether to enjoin the plaintiff from prosecuting the action based on the protections provided to the companies in their Chapter 11 cases (In re Johns-Manville Corporation, et al., No. 82-11656, S.D. N.Y. Bkcy.).
(Order available. Document #48-160422-027R.)
Johns-Manville and several subsidiaries, including Manville Forest Products Corp. (MFP), filed for Chapter 11 protection in...