New York Housing Authority: Denial Of Restitution Claims Should Be Reversed

(December 19, 2016, 1:29 PM EST) -- NEWARK, N.J. — A bankruptcy judge failed to properly apply New York law, misconstrued how to apply the elements of restitution and improperly made numerous credibility determinations in rejecting the New York City Housing Authority’s (NYCHA) asbestos property damage claims against former Chapter 11 debtor G-I Holdings Inc., the authority says in its opening brief on appeal in New Jersey federal court (New York City Housing Authority v. G-I Holdings Inc., No. 2:16-cv-7320, D. N.J.)....