Dispute Between Pittsburgh Corning Trust, Claimants Heads To Mediation

Mealey's (May 25, 2017, 9:29 AM EDT) -- PITTSBURGH — More than 2,000 asbestos claimants from a decades-old consolidated Texas litigation and the trustees of the $3.6 billion Pittsburgh Corning Corp. (PCC) asbestos trust will mediate their dispute over whether Pittsburgh Corning’s Chapter 11 case should be reopened so a bankruptcy judge can decide if the claimants qualify for payment by the trust, according to a May 18 mediation referral order filed in Pennsylvania federal bankruptcy court (In re:  Pittsburgh Corning Corporation, No. 00-22876, W.D. Pa. Bkcy.)....