Thorpe Trust Gets Extension To Answer Manville Trust’s Suit Over Indemnification

(January 19, 2018, 1:39 PM EST) -- NEW YORK — The Thorpe Insulation Company Asbestos Settlement Trust in California has until Feb. 5 to answer or move to dismiss an adversary complaint filed by the Manville Personal Injury Settlement Trust in New York seeking a declaration that the Manville Trust is not obligated to indemnify the Thorpe Trust for thousands of paid asbestos personal injury claims, according to a stipulation and order signed Jan. 5 by a New York federal bankruptcy judge (Manville Personal Injury Settlement Trust v. Thorpe Insulation Company Asbestos Settlement Trust, No. 1:17-ap-1186, S.D. N.Y. Bkcy.)....