Johns-Manville Fund Closed After Paying $76M To Asbestos Claimants
Mealey's (June 13, 2016, 1:46 PM EDT) -- POUGHKEEPSIE, N.Y. — A fund established in the Chapter 11 case of Johns-Manville Corp. paid more than $76 million to 17,111 asbestos personal injury claimants before the fund was terminated in May, according to the fund’s final report, filed June 10 in New York federal bankruptcy court (In re Johns-Manville Corporation, et al., No. 82-11656, S.D. N.Y. Bkcy.).
(Report available. Document #48-160624-005X.)
Johns-Manville and several subsidiaries filed for Chapter 11 protection in 1982 in the U.S. Bankruptcy Court for the Southern District of New...