Bestwall Gets OK For Sale Of Claim In Asbestos Insurer’s Liquidation

Mealey's (March 28, 2018, 11:33 AM EDT) -- CHARLOTTE, N.C. — A North Carolina federal bankruptcy judge on March 26 authorized Chapter 11 debtor Bestwall LLC to sell its $5 million claim against a defunct insurer for a 1982 asbestos policy to a New Jersey claim-purchasing company for $832,500 (In re Bestwall LLC, No. 17-31795, W.D. N.C. Bkcy.)....