Bankruptcy Asset Sale Bars Take-Home Asbestos Case, Court Says

Mealey's (January 31, 2017, 1:00 PM EST) -- PHILADELPHIA — A “free and clear” sale of assets in a bankruptcy court auction precludes holding the purchaser liable for pre-purchase take-home asbestos exposures, a Pennsylvania appeals court held Jan. 26 (Jacqueline S. Wagner and Thomas H. Wagner v. Standard Steel LLC, et al., No. 850 EDA 2016, Pa. Super.)....

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