Bankruptcy Judge Abstains From Hearing Injunction Bid For Superfund Site Claims

Mealey's (January 29, 2018, 11:47 AM EST) -- NEWARK, N.J. — A New Jersey federal bankruptcy judge on Jan. 26 abstained from deciding a request by former Chapter 11 debtor G-I Holdings Inc. to enforce its reorganization plan injunction to bar indemnification claims for cleanup of a polluted industrial site, saying a state court is “fully capable of adjudicating” the claims and G-I’s injunction bid (In re:  G-I Holdings, Inc., et al., Nos. 01-30135 and 01-38790, D. N.J. Bkcy., 2018 Bankr. LEXIS 214)....