New York Housing Authority Appeals Summary Judgment Ruling For G-I Holdings

(November 16, 2016, 6:51 PM EST) -- NEWARK, N.J. — The New York City Housing Authority (NYCHA) on Nov. 2 asked a New Jersey federal court to decide if a bankruptcy judge correctly found that the authority cannot pursue asbestos property damage claims against former Chapter 11 debtor G-I Holdings Inc. because the authority’s allegations fail to meet the required elements for indemnity or restitution (In re:  G-I Holdings, Inc., et al., Nos. 01-30135 and 01-38790, D. N.J. Bkcy.)....