Hess And Debtor Unit HONX Unsuccessful In Mediation To Resolve Asbestos Claims

Mealey's (September 20, 2022, 11:29 AM EDT) -- HOUSTON — It’s back to the bankruptcy drawing board for Hess Corp. affiliate HONX Inc. after Hess, the debtor and representatives for asbestos claimants failed to reach an agreement on several issues during mediation in the Chapter 11 case, the parties told a Texas federal bankruptcy court in a Sept. 15 notice....