Johns-Manville Successor, Asbestos Claimants Resolve State Court Allegations

(February 19, 2019, 4:29 PM EST) -- NEW YORK — The successor to the PVC pipe business of former Chapter 11 debtor Johns-Manville Corp. on Feb. 11 said it has agreed to drop its bid in New York federal bankruptcy court for sanctions against state court asbestos plaintiffs for suing the company in violation of the bankruptcy protections implemented when it bought the business (In re Johns-Manville Corporation, et al., No. 82-11656, S.D. N.Y. Bkcy.)....