THAN Trust Denies Claims Of Insurers Seeking Audit For Evidence Of Fraud

(August 21, 2015, 7:24 AM EDT) -- WILMINGTON, Del. — The asbestos trust established in the bankruptcy case of T H Agriculture & Nutrition LLC (THAN) has not breached or interfered with a settlement between THAN and a group of insurers or violated THAN’s plan of reorganization, so claims by the insurers alleging that the trust impaired their right to audit the trust’s operations should be dismissed, the trust says in a July 23 answer to the insurers’ complaint in Delaware state court (AIU Insurance Company, et al. v. Philips Electronics North America Corporation, et al., No. 9852, Del. Chanc.)....