Judge: Firm’s Bid For Fees From Asbestos Trust Not A Bankruptcy Issue

Mealey's (September 14, 2015, 2:04 PM EDT) -- ST. PAUL, Minn. — A Minnesota federal bankruptcy judge on Sept. 9 remanded to state court an adversary case in which a law firm is seeking fee payments from an asbestos trust, finding that there is no bankruptcy court jurisdiction for the assets of the trust or for the law firm’s asserted lien on those assets (In re: A.P.I., Inc. [Faricy Law Firm, P.A., v. A.P.I., Inc. Asbestos Settlement Trust, No. 15-3096], No. 05-30073, D. Minn. Bkcy.; 2015 Bankr. LEXIS 3085)....