Former Shareholders Granted Dismissal Of Eagle Inc.’s Fraudulent Transfer Action

(February 13, 2017, 11:11 AM EST) -- NEW ORLEANS — A Louisiana federal bankruptcy judge followed up his dismissal of the Chapter 11 case of Eagle Inc. with entry of an order Jan. 26 also dismissing the former debtor’s adversary action accusing four family members of fraudulently transferring Eagle’s noninsurance assets to companies the family created while knowing that Eagle faced liability for thousands of asbestos claims (In re:  Eagle, Inc., No. 15-12437, [Eagle, Inc. v. Fred J. Schuber, III, et al., No. 2:16-ap-1040], E.D. La. Bkcy.)....