Trustee Says Officers Of Asbestos Debtor Nash Breached Duties, Wasted Assets

(April 29, 2022, 2:35 PM EDT) -- BRIDGEPORT, Conn. — The Chapter 7 trustee of the bankruptcy estate of asbestos debtor The Nash Engineering Co. asked a Connecticut federal bankruptcy judge on March 19 for permission to serve a demand letter on the company’s officers and their insurer to notify them that he intends to pursue claims against them for breach of fiduciary duties and waste of the debtor’s assets....