New York Housing Agency Denied Rehearing On Claims Against G-I Holdings
(September 16, 2016, 8:21 AM EDT) -- NEW YORK — A Third Circuit U.S. Court of Appeals panel on Aug. 22 declined to reconsider its decision rejecting a bid by the New York City Housing Authority (NYCHA) to force former Chapter 11 debtor G-I Holdings Inc. to pay $500 million to remove asbestos-containing building materials from authority-owned buildings (In re: G-I Holdings Inc., f/k/a GAF Corporation, et al. [New York City Housing Authority v. G-I Holdings, Inc.], No. 15-2164, 3rd Cir.).