Pennsylvania Judge Finds Asset Sale Excluded Asbestos Liabilities

(May 16, 2016, 9:18 AM EDT) -- PHILADELPHIA — A “free and clear” sale of assets in a bankruptcy court auction excluded asbestos liabilities, and plaintiffs provide no reason to disturb the federal court’s ruling, a Pennsylvania judge held April 20 (Jacqueline S. Wagner and Thomas H. Wagner v. Standard Steel LLC, et al., No. 3015, Pa. Comm. Pls., Philadelphia Co.; 2016 Phila. Ct. Com. Pl. LEXIS 119)....

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