Debtor Says Court’s Errors Led To Rejection Of Settlements With Insurers

Mealey's (June 26, 2019, 5:33 PM EDT) -- TACOMA, Wash. — A Washington federal court erred in reversing approval of settlements between Chapter 11 debtor Fraser’s Boiler Service Inc. and several asbestos liability insurers based on a misinterpretation of bankruptcy law, the debtor argues in its June 10 opening brief in the Ninth Circuit U.S. Court of Appeals (Fraser’s Boiler Service, Inc. v. Certain Underwriters at Lloyd’s, et al, No. 19-35269, 9th Cir.)....